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3h ago

France Reopens Pension Reform Battle as Suspension, Pause or Repeal Considered

Budget officials warn that freezing the retirement age would carry growing fiscal costs.

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Rassemblement contre la réforme des retraites à Paris, en octobre 2023.
Réforme des retraites : que va décider le gouvernement ?
Le gouvernement Lecornu va-t-il ou non suspendre la réforme des retraites ?

Overview

  • No decision has been taken, with scenarios ranging from a temporary suspension to maintaining the 2023 law or outright repeal.
  • Bercy estimates a freeze would cost about €500 million in 2026 and €3 billion in 2027, and Cour des comptes simulations point to as much as €13 billion by 2035 if the age is locked near 63.
  • The Socialist Party seeks a suspension that would hold the legal age at 62 years and 9 months for those with full contributions, as LFI and RN push to abrogate the law and LR insists on keeping it.
  • Reporting attributes to Emmanuel Macron a proposal to pause the age increase until the 2027 election while the shift to 43 contribution years proceeds.
  • Union and policy figures say a suspension could be routed through the 2026 social-security financing bill, with the practical retirement age tied to timing since it stands at 62 years and 9 months today.