french pension rates

[Patf]

The rates have just been increased to 579.85€ pm for minimum contributions, and to 1386.50€ pm for maximum personal pension.

ASPA will complement any shortfall to a maximum of 628.10€ per single person, and 1126.77€ for a couple. I think this only applies to people who have paid into the fund.

I haven't checked this out, but it seems lower than the equivalent british pension and supplement. How do some of them manage

Edited later : seems that british pensioners are worse off, especially if they come to France and lose pension credit and convert to euros:

UK pension £91 pw for single person, £124 with pc converts to 491€ and 668€ pm

                    £145 pw for couple, £189 with pc  converts to 784€ and 1020€ pm

So those of you on a basic state pension think twice before emigrating to France.

 

[giantpanda]

Hi!

You can hardly compare English and French pensions.

These are based on quite different contribution levels ... etc.

Yours,

giantpanda

[Bob T]

[quote user="giantpanda"]Hi!

You can hardly compare English and French pensions.

These are based on quite different contribution levels ... etc.

Yours,

giantpanda

[/quote]

Of course you can! If you just want to see what a UK and a French pensioner gets to live on then you can compare the basic pension.

[Patf]

Thanks Bob [:)] I think you can compare the basic minimum levels.

There are other concessions in both countries too which make it easier for those on a very low income.

[Chancer]

What would be the scenario where a UK immigrant had paid into the system through whatever means for only a few years before reaching the French retirement age?

I can surmise that any UK pension, income from investments etc would be taken into account before bumping it up to the minimum, if indeed they did but isnt the UK retirement age later than the French one?

Food for thought[8-)]

[Patf]

I think there was a thread on this recently - someone asked a similar question. But I haven't a clue what to type into the search system. Inspiration - just typed pensions! I think this is the thread I was thinking of :

http://www.completefrance.com/cs/forums/1031278/ShowPost.aspx

Shows how much we miss Cooperlola.[:(]