Overview

• The National Assembly backed the contrat de valorisation de l’expérience, a five-year senior CDI aimed at jobseekers aged 60 and over (or from 57 with branch agreements), with La France insoumise the sole dissenting party
• Under the CVE, employers can retire workers once they qualify for a full pension and receive exemptions on retirement indemnities to encourage hiring of older candidates
• The bill also enacts a one-month reduction in unemployment insurance affiliation for first-time claimants and lets employers tap up to 50% of employees’ CPF funds for retraining with their consent
• Major employers’ federations (Medef, CPME, U2P) and four leading unions (CFDT, FO, CFE-CGC, CFTC) have endorsed the ANI, while left-wing MPs argue it tilts benefits toward businesses rather than seniors
• Next, deputies and senators will meet in a mixed committee to reconcile amendments before the law’s final adoption, targeting enactment ahead of the July 11 deadline