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3w ago

Pension Reform Conclave Extended to June 23 as Partners Remain Divided

Significant employer organizations remain undecided on attendance with pension financing still unresolved

« Sans les 66 ans, la CFTC ne signera pas. » prévient Pascale Coton, vice-présidente de la CFTC, ici en septembre 2024, à la sortie d’une consultation avec les partenaires sociaux et le premier ministre à Matignon.
Le Premier ministre lors de la séance de questions au gouvernement, à l’Assemblée nationale, mercredi.
Le président du Medef a critiqué un détricotage de la réforme des retraites de 2023.
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Overview

  • France’s pension conclave, launched in January by Prime Minister François Bayrou, has been extended to a final meeting on June 23 after three and a half months of negotiations failed to yield an agreement.
  • The Medef has signaled deep reservations about joining the last session while the CFDT confirmed its participation and aims to lock in measures on women’s retirement rights and work-related hardship.
  • Key social proposals under discussion include calculating women’s pensions over more of their best earning years based on number of children and introducing a hardship account for early retirement in high-risk jobs.
  • To close a projected €6.6 billion deficit by 2030, negotiators are weighing higher CSG contributions for middle- and higher-income retirees and under-indexing pensions by up to 0.8 point on inflation in 2026 and 0.4 point in 2027.
  • France Insoumise has threatened a censure motion if the conclave fails to overturn the 2023 reform while the National Rally has held off support pending future elections.