Pensions
Sébastien Lecornu announces suspension of pension reform until 2027
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Prime Minister Sébastien Lecornu announced on Tuesday the suspension of the 2023 pension reform until the 2027 presidential election, in exchange for the Socialist Party's commitment not to vote censure. This concession aims to stabilize the government amid political instability. The measure pauses the raising of the legal retirement age to 64 and the acceleration of the contribution period.
Suspension of pension reform until 2028
The French government has announced the suspension of the pension reform until January 2028, a measure that will cost 100 million euros in 2026 and 1.4 billion in 2027. This decision, integrated into the social security budget via a rectifying letter, aims to ease political tensions in the National Assembly. Emmanuel Macron calls it a mere delay, while Prime Minister Sébastien Lecornu refers to it as a suspension.
French labor minister questions desire to quit work early
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Pension reform suspension criticized for its financing
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The French government has formalized the suspension of the pension reform until January 2028 through a rectificative letter to the social security budget, presented on October 23, 2025. This measure, costing 100 million euros in 2026 and 1.4 billion in 2027, will be funded by under-indexing pensions and increasing contributions from health insurers. Unions and opposition parties denounce an unfair burden on current retirees.
No revaluation of complementary pensions in November due to lack of agreement
Complementary pensions for former private sector employees will not be revalued on November 1 due to a lack of agreement between unions and employers. Agirc-Arrco announced this decision on Friday, October 17, after tense negotiations influenced by the suspension of pension reform. This lack of increase deprives retirees of an expected raise amid inflation and economic uncertainties.
Pension reform divides government and unions
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Despite Emmanuel Macron's denials of a suspension, the CFDT's general secretary insists the 2023 pension reform is indeed suspended. Prime Minister Sébastien Lecornu plans to include it in the social security budget via a rectifying letter. A conference on work and pensions will open in late November to discuss alternative systems.
Élisabeth Borne opens door to suspending pension reform
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Former Prime Minister Élisabeth Borne has suggested suspending the pension reform to ensure national stability amid a post-dissolution political crisis. This proposal, coming from the architect of the 2023 project, draws sharp criticism over its moral and economic implications. Prime Minister Sébastien Lecornu has not ruled it out, while calling for debate.
France's pension reform suspension sparks political debate
France has suspended its pension reform, a move criticized as a major economic renouncement. Editorials highlight that this decision, tied to the 2026 budget, sacrifices younger generations for short-term political calculations. Comparisons with Portugal, Italy, and Argentina spotlight bolder choices elsewhere.
CNAV director warns of delays after pension reform suspension
During a Senate hearing on October 29, Renaud Villard, director general of the Caisse nationale d'assurance-vieillesse (CNAV), warned of significant delays in processing pension claims if the 2023 pension reform suspension takes effect quickly. He estimated it would take about five months for staff and the IT system to adapt to the new rules. For the first affected individuals, born in 1964, the changes appear straightforward to implement.
2026 budget debate stalls over Zucman tax and pension reform suspension
Debates on the 2026 finance bill at the National Assembly drag on without addressing high patrimony taxation, as the pension reform suspension begins scrutiny in committee. Socialists, led by Olivier Faure, threaten a censure motion if no fiscal justice concessions are made. The right firmly opposes the pension suspension, vowing to restore it.
Ibaneis Rocha signs law blocking retroactive pension discounts
The governor of the Federal District, Ibaneis Rocha (MDB), has sanctioned a law preventing Iprev-DF from applying retroactive discounts on retirements and pensions. The measure ensures that pension contributions are only charged from January 1, 2021, blocking deductions for November and December 2020.