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French Assembly Set for First Vote to Pause Pension Age Hike Until 2028

Expanded coverage to long careers plus select public and overseas regimes aims to secure Socialist backing, with financing and the Senate’s verdict still uncertain.

Overview

  • Debate opens around 3 p.m. on a Social Security budget article that would halt the shift to a 64-year retirement age and extra quarters until January 2028, letting the 1964 cohort retire at 62 years and 9 months with 170 quarters.
  • A government amendment broadens the pause to long-career workers, “active” and “superactive” public-sector categories, certain overseas regimes such as Mayotte and Saint‑Pierre‑et‑Miquelon, and people born in the first quarter of 1965.
  • Expected vote math points to first‑reading approval: the Socialists and National Rally plan to back the measure, Renaissance and MoDem lean toward abstention, and LR, Horizons and LFI say they will vote against as Greens and Communists weigh their stance.
  • Cost estimates diverge sharply, from the government’s roughly €100 million in 2026 and €1.4 billion in 2027 to the rapporteur’s about €400 million and €1.8 billion, with the Cour des comptes warning of a roughly €10 billion hit by 2030.
  • Financing remains unsettled after deputies rejected a levy on complementary health insurers and a pension freeze, leaving new revenues such as a higher CSG on capital (about €2.7 billion) and an uncertain Senate review that could restore the 2023 reform.