Overview

• Aghion proposes to “stop the clock” at an effective retirement threshold of 62 years and 9 months until the 2027 presidential election.
• He stresses the pause would not repeal the 2023 reform, with the current schedule resuming in 2027 if no new agreement is reached.
• Speaking on France Inter, he argues a temporary interruption would reduce instability and the risk of the Rassemblement national gaining power.
• Matignon estimates the fiscal impact of a suspension at a minimum of €3 billion in 2027, a figure shaping the budget calculus.
• Prime Minister Sébastien Lecornu presents the 2026 budget today as figures such as Éric Lombard also call to put the reform on hold until 2027.