French pensioners set to feel pinch under belt-tightening budget
French pensioners will be among those expected to contribute to balancing the government's books, according to the 2027 draft budget unveiled on Thursday. Pensions exceeding 1,260 euros per month will be partially frozen and the cap on the 10% income tax deduction will be lowered, measures that received mixed reactions from pensioners.
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French pensioners set to feel pinch under belt-tightening budget — Image credit: France 24 (English)
French pensioners will be among those expected to contribute to balancing the government's books, according to the 2027 draft budget unveiled on Thursday. Pensions exceeding 1,260 euros per month will be partially frozen and the cap on the 10% income tax deduction will be lowered, measures that received mixed reactions from pensioners.