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French Assembly Votes to Suspend Macron’s Pension Reform Until 2028

The budget-linked pause still needs Senate approval, leaving financing and fiscal risks unresolved.

Overview

  • The National Assembly approved the suspension 255–146 with 104 abstentions, keeping the effective retirement age at 62 years and 9 months instead of rising toward 64.
  • Socialists, Greens and the Rassemblement National backed the pause, President Macron’s centrist bloc largely abstained, and La France Insoumise voted against.
  • The measure is embedded in the social‑security budget and now goes to the conservative-leaning Senate, which could overturn it and trigger a cross‑chamber mediation committee.
  • The government pegs the near‑term cost at about €300 million in 2026 and €1.9 billion in 2027, with precise funding still unclear as markets and ratings watchers track France’s strained finances.
  • The CGT has called a national strike and action day for December 2, and the pensions battle is set to shape the 2027 presidential campaign.