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.
120 Articles
120 Articles
The French Parliament has decided that the French may continue to retire at just under 63 years of age.
The National Assembly has provisionally stopped raising the retirement age. According to the government, the decision will cost almost two billion euros by 2027.
The increase in the retirement age, which was enforced in the spring of 2023 without a parliamentary vote, led to months of mass protests in France.
French lawmakers vote to freeze pension reforms, keeping minimum age at 62
French lawmakers have voted to freeze president Emmanuel Macron’s flagship pension reform, allowing the government to keep the Socialists on board in budget talks that threaten to trigger snap elections.
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