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A “combo” deal for an additional $600 also offered abstracts slated for another conference, as well as “continued work” on “at least 2 full papers for PubMed indexation” over the following 6 months.

Because the new pensions do not increase year-on-year - a process called indexation - recent high inflation has meant the money is stretching less and less far.

"Members discussed the possibility of implicit indexation of wages to past high inflation and the potential for this to become widespread," the minutes showed.

"Even if the French state clearly said that public contract prices could legally be adjusted beyond standard indexation clauses, we are not there", Elior Chief Financial Officer Esther Gaide said in a call with analysts.

Belgium has set up a system of wage indexation guaranteeing that if the cost of living goes up, salaries, pensions and benefits also increase.