Overview
- After nearly three weeks of debate, the government transmitted the PLFSS to the Senate without a final Assembly vote as the constitutional deadline hit, with Senate committee work expected this weekend and the chamber debate slated from 19 November.
- Lawmakers approved Article 45 bis by 255–146 to suspend the 2023 pension reform until 1 January 2028, pausing the shift to a 64‑year retirement age and faster contribution increases, with extensions for long careers and certain public‑sector professions.
- The executive estimates the suspension will cost about €300 million in 2026 and €1.9 billion in 2027, a trajectory officials say could push the Social Security deficit toward €20 billion versus the original €17.5 billion target.
- MPs deleted several contested savings measures, including a freeze on pensions and social benefits, a surtax on mutual insurers and broader medical co‑pays, while adopting a CSG hike on capital income projected to raise €2.8 billion.
- Unusual voting alliances exposed deep splits, with PS and Greens backing the suspension, LFI and communists opposing, RN supportive, Renaissance largely abstaining, LR divided and Horizons against, leaving final adoption before year‑end uncertain.