French parliament votes to suspend Macron’s controversial pensions reform
- On Wednesday, France's National Assembly voted to suspend until January 2028 the 2023 pension reform that Prime Minister Sébastien Lecornu inserted into the Social Security Financing Bill.
- To secure Socialist support, the government offered a suspension that keeps the minimum retirement age at 62 years and nine months until after the 2027 presidential election.
- A parliamentary majority of 255 to 146 approved the suspension, with most Green MPs and National Rally members backing it alongside Socialists, while many pro‑Macron MPs and former Prime Minister Gabriel Attal said Macron's centrist party would abstain.
- Procedurally, the article still requires the MPs to adopt the amended Social Security Financing Bill by midnight Wednesday, with the government estimating costs of €300 million in 2026 and €1.9 billion in 2027, affecting about 650,000 people in 2026 and a similar number in 2027.
- The move increases pressure on a budget already set to show France's social security deficit , while three and a half million French people may retire earlier amid scrutiny from investors and France's European partners.
90 Articles
90 Articles
The decision is temporary.
The French Parliament has voted in favour of suspending President Macron's controversial pension reform, which has enabled the minority government under Prime Minister Lecornu to fulfil a central condition of oppositional socialists. Pension reform is considered the most important reform project of Macron to strengthen France's competitiveness.
President Macron raised the retirement age to 64 - this was considered his most important reform project. Now France's National Assembly suspends this pension reform by 2028 - a concession from the government to the socialists.
The French Parliament has voted in favour of suspending President Macron's controversial pension reform.
Sébastien Lecornu thus prolongs the existence of his government. The moment was expected, much expected this Wednesday in the National Assembly: a vote on...
The French National Assembly voted on Wednesday to suspend the suspension until after the 2027 presidential elections of the contested law of 2023 which raises pension age from 62 to 64 years for the majority of employees, reports Politico.
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