Overview
- Invoking Article 47‑1 just after midnight, the government ended first‑reading debates and sent the amended Social Security bill to the Senate, where leaders have signaled they will try to restore the 2023 pension reform.
- Deputies voted 255–146 to suspend the pension overhaul until January 2028, easing the planned rise in retirement age and contribution requirements for those born in 1964 and early 1965.
- Government estimates put the suspension’s cost at about €300 million in 2026 and €1.9 billion in 2027 after lawmakers stripped out several contested savings measures.
- The Assembly adopted a higher CSG on capital income expected to raise around €2.8 billion, while proposals such as freezing pensions and social benefits or surcharging mutual insurers were removed.
- In separate State budget debates, deputies rejected replacing the 10% pension tax abatement with a €2,000 flat allowance, leaving more than 2,100 amendments to examine before a November 23 deadline to transmit the text to the Senate.