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French Pension Reform Standoff Grows as COR Forecasts €6.6 Billion Gap

The prime minister is appealing to social partners for a compromise after the COR revised its deficit forecast.

Manifestation à Toulouse le 5 juin 2025. 
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Overview

  • The COR’s final 2025 report projects a €6.6 billion pension deficit by 2030 and warns that retirement age alone may need to rise to 66.5 by 2070 to structurally balance finances.
  • The report was stripped of contested language and tables after unions, including CGT and CFDT, criticized biased formulations favoring age hikes.
  • Pierre Cazeneuve has filed a bill to gradually raise the legal retirement age to 65 by 2042, echoing COR projections and deepening rifts within the governing Renaissance bloc.
  • The Medef insists on maintaining the current 64-year retirement age, offering limited pension boosts for women while unions demand deeper changes.
  • The Cour des comptes has proposed ending uncapped employment-retirement income combinations before age 67 to save up to €550 million annually.