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French Assembly Poised for Saturday Vote on Social Security Revenues, Deciding Path to Pension Reform Debate

A rejection would automatically reroute the bill to the Senate, blocking Assembly debate on the spending chapter.

Overview

  • Deputies resumed debate Saturday morning with a vote on the PLFSS 2026 revenue section expected around 3 p.m. local time.
  • The government, via parliamentary relations minister Laurent Panifous, urged adoption to allow examination of the spending section that contains the promised suspension of the 2023 pension reform.
  • Under Assembly rules, failure to pass the revenue chapter would halt lower-house scrutiny of spending and send the bill to the Senate in the government’s original version.
  • Lawmakers have already reshaped revenues by scrapping measures such as a surtax on complementary health insurance and an employer levy on meal vouchers, and by approving a left-backed CSG hike on capital income projected to raise about €2.8 billion in 2026.
  • These changes complicate the government’s initial target of a €17.5 billion Social Security deficit in 2026, as parties weigh tactics ahead of a planned solemn vote on the full bill on November 12 if the process continues in the Assembly.