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2w ago

French Officials Convene at Bercy to Chart Path Toward Closing €24.8 Billion Social Security Deficit

Prime Minister François Bayrou will unveil recovery proposals by early July to restore balance by 2029.

La commission des comptes de la Sécurité sociale se réunit à Bercy pour réfléchir "aux leviers" d'un retour à l'équilibre financier
Amélie de Montchalin participera à la réunion de la CCSS (créée en 1979) au ministère de l’Économie et des Finances, à partir de 14 heures, aux côtés de Catherine Vautrin, ministre du Travail, de la Santé, des Solidarités et des Familles.
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Overview

  • On June 3 the Commission des comptes de la Sécurité sociale met with ministers, parliamentarians and social partners at Bercy to explore levers for financial recovery.
  • The CCSS report warns the deficit could swell to €24.8 billion by 2029 from €21.9 billion in 2025 without new measures.
  • Prime Minister François Bayrou has pledged to present a detailed plan by early July outlining a three- to four-year timeline back to equilibrium.
  • Policymakers are weighing a range of options for the 2026 Social Security financing bill, including the contested ‘TVA sociale.’
  • Stakeholders warn that demographic pressures and rising climate-related health costs complicate efforts to safeguard both fiscal stability and social protections.