Overview
- France’s National Assembly voted 255–146 to suspend the 2023 reform raising the retirement age to 64, pausing it until January 2028 within the social security budget that now moves to the Senate.
- Socialists, Greens and the Rassemblement National backed the suspension, the government bloc largely abstained, and La France Insoumise voted no in pursuit of a full repeal.
- Paris estimates extra costs of roughly €300 million in 2026 and €1.9 billion in 2027, with savings promised but full funding details still unspecified.
- France’s CGT union set a strike and action day for December 2, arguing a temporary pause is insufficient and pressing for the reform’s permanent blockage.
- In Germany, 32 business groups urged CDU/CSU and SPD to halt the planned pension package, citing projections of nearly €480 billion in extra costs by 2050, while the SPD rebuffed reopening talks as youth conservatives in the Union threaten resistance.