Minimum contribution: the revised monthly personal pension ceiling

The minimum contribution allows pensioners of the general Social Security Old Age Insurance scheme who have contributed on low wages to receive a minimum basic pension amount, called the minimum contribution. If your basic pension is lower, it is increased up to this minimum.

There are 3 scenarios:

• You retire before the age of 67 with the number of quarters required to qualify for a full rate pension and all these quarters are paid into: the amount of your pension cannot be less than €10 513.61 gross per year, either €876.13 gross per month.

• You retire before the age of 67 with the required number of quarters to qualify for a full-rate pension, but not all of these quarters are contributory:
  
  • if you have less 120 quarters contributed, the amount of your pension may not be less than €8,796.38 gross per year, or €733.03 gross per month;
  • if you have more 120 quarters contributed, the amount of €733.03 gross per month is increased based on the number of quarters you have contributed to your total quarters.

However, the allocation of this minimum contribution cannot increase the total of your retirement pensions (basic and supplementary, all schemes, french and foreigners) beyond the monthly personal pension limit.

This ceiling shall be revised on the same dates and under the same conditions as the Smic. The latest increase in the minimum wage to 1^er january 2024 raised the personal pension limit to €1,367.51 per month against Previously €1,309.75, or an increase of €57.76.

Depending on your situation, your retirement can be automatically aligned to this new ceiling.