Retirement Reform
Lecornu's government fate hangs on retirement reform concessions
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Sébastien Lecornu's new government, formed on October 12, faces immediate no-confidence motions from La France Insoumise and the National Rally. The Socialist Party, led by Olivier Faure, demands the suspension of the retirement reform or it will vote to censure. Lecornu is set to deliver his general policy statement to the National Assembly on October 14.
The French government will table an amendment to include long careers in the suspension of the retirement reform, responding to left-wing demands. This measure will be debated in the National Assembly on Wednesday. The adoption of the PLFSS revenue section on Saturday allows the debates to continue.
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Labor Minister Jean-Pierre Farandou stated that alternative retirement systems are possible, following Prime Minister Sébastien Lecornu's proposal to suspend the 2023 reform until the 2027 presidential election. New discussions with social partners will address the entire system. Farandou mentions options like a points-based system or capitalization.