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Assembly Halts Debate and Sends Amended Social Security Budget to Senate After Pension Reform Suspension

Using a constitutional deadline, the government cut short the first reading, sending the Senate a costlier text with unclear funding.

Overview

  • Shortly after midnight, the government invoked article 47-1 to transmit the Social Security financing bill to the Senate without a final Assembly vote.
  • Deputies approved article 45 bis to pause the 2023 pension reform until 1 January 2028, easing age and contribution requirements for certain cohorts, with government costs estimated at €300 million in 2026 and €1.9 billion in 2027.
  • The Assembly scrapped several savings measures and backed a hike in the CSG on capital intended to raise about €2.8 billion, while also endorsing an extra €1 billion for health spending.
  • Support for the suspension came from the Socialists, Greens and RN, with LFI mostly opposed and the presidential camp split, as the right-leaning Senate signals it will challenge the measure with committee work expected this weekend and a chamber debate from 19 November.
  • Separately, deputies resumed the state budget and voted to keep the 10% tax abatement on pensions, dealing the government a setback as more than 2,100 revenue amendments remain and key votes face tight constitutional deadlines.