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Lecornu Faces Pivotal Assembly Vote on Social Security Budget

The prime minister wooed Socialists by pausing the 2023 pension reform, risking defections from centrists as well as the right.

Overview

  • Lawmakers are voting Tuesday on the 2026 social security bill, a decisive test for Sébastien Lecornu’s minority government with the result uncertain.
  • The package postpones the retirement-age increase to 64 until after President Emmanuel Macron’s term, a concession sought by the Socialist Party.
  • Socialists signal support, while the National Rally says it is very likely to oppose and renews calls for snap elections as some centrists and conservatives consider voting no or abstaining.
  • Lecornu warns defeat would widen the funding gap from roughly €17 billion to about €30 billion, endangering healthcare, pensions and welfare financing and inviting political turmoil including resignation calls.
  • If the Assembly approves the bill, it goes to a Senate hostile to suspending the pension reform before returning to the lower house, with the Senate set to vote on the separate state budget on December 15.