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French Assembly Sends Social-Security Budget to Senate After Vote to Suspend 2023 Pension Reform

The right-leaning Senate has vowed to restore the 2023 reform, putting the budget’s financing and calendar in doubt.

Overview

  • Lawmakers approved the suspension 255–146, delaying the shift to a 64-year retirement age for specific cohorts and expanding relief to long careers.
  • With debates cut off at the Article 47-1 deadline, the government transmitted the amended Social Security bill to the Senate for a compressed mid‑November review.
  • The executive pegs the suspension’s cost at about €300 million in 2026 and €1.9 billion in 2027, as the Assembly also removed several planned savings.
  • Deputies adopted a hike in the CSG on capital to raise roughly €2.8 billion, but they rejected replacing the 10% pension tax allowance with a €2,000 flat deduction.
  • Party lines shifted: Socialists and Greens backed the suspension, LFI and Communists opposed it, the RN supported it, and most Renaissance members abstained, while Senate leaders signaled they will try to reinstate the reform.