Retirement: Who Will Be Exempt from the CSG on Pensions in 2024?
Some seniors are exempt from the General Social Contribution (CSG) on their pensions, subject to their taxable income.
In 2024, CSG tax rates will remain unchanged, ranging from 0% to 8.3% depending on income. These rates are tied to income thresholds that are adjusted to account for inflation.
It is crucial to know your taxable income in order to calculate these contributions. The Ministry of the Economy explains that the CSG is intended to fund social protection in France and reduce social security debt. It applies to all French residents and covers various sources of income, such as earned income, replacement income, income from assets, investment income, and gambling winnings.
For retirement pensions, contribution rates depend on the reference taxable income (RFR) and the number of family quotient shares. If you don't know the rate applied to your pension, check the notification available in your personal account or verify your RFR on your 2022 tax notice.
In 2024, retirees living alone with an RFR of less than 12,230 euros will be exempt from the CSG. This threshold is 15,495 euros for 1.5 tax shares, 18,760 euros for two shares, 22,026 euros for 2.5 shares, and 25,291 euros for three shares.
It should be noted that the full exemption from the CSG also applies to recipients of the Solidarity Allowance for the Elderly, the Widow’s Allowance, and the Supplementary Disability Allowance (ASI). Similarly, the veterans’ pension and the mutual insurance pension for veterans, which receive a government supplement, are included in this exemption.
