In a report presented on Monday, November 3, the Court of Accounts warns of a high risk of greater-than-expected deterioration in social accounts in 2026. The social security deficit stands at 23 billion euros in 2025, far exceeding forecasts. The review of the 2026 financing bill begins this week in Parliament.
The Court of Accounts submitted a critical report on Monday, November 3, to the social affairs committees of Parliament on the finances of social organizations. As the social security financing bill (PLFSS) for 2026 is reviewed starting November 4 at the National Assembly, the sages of rue Cambon highlight a fragile beginning of recovery. "The recovery is significant but fragile or even hypothetical because it is exposed to very strong uncertainties," stated Pierre Moscovici, president of the Court of Accounts.
The social accounts deficit in 2025 reaches 23 billion euros, or 7.7 billion more than in 2024, when it had already increased by 4.5 billion. In two years, it will have more than doubled, without an economic recession or health crisis to explain it. The Court criticizes overly optimistic revenue forecasts for 2025, for the third consecutive year. Health insurance shows the most marked imbalance, with a hole of 17.2 billion euros, while the old-age branch is in the red in proportions three times smaller.
The high jurisdiction estimates that the PLFSS 2026 measures could initiate a beginning of recovery, but their implementation requires a political consensus that is not established. This makes the sought improvement very hypothetical, placing deputies before their responsibilities in the upcoming debates.