Social Security

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French lawmakers debating the 2026 social security budget in the National Assembly, amid tensions over pension reform and deficit measures.

French assembly starts debates on 2026 social security budget

Jean Martin Image generated by AI

French lawmakers began examining the 2026 social security financing bill on October 27, 2025, amid tensions over suspending the pension reform and drastic savings measures. A government amendment increasing the surtax on large companies was adopted, while the Zucman tax debate was postponed. Discussions are set to be contentious with a projected deficit of 17.5 billion euros.

PP registers Senate motion to support self-employed workers

The Partido Popular has registered a motion in the Senate to debate ten urgent measures aimed at improving the lives of self-employed workers in Spain. Key proposals include extending social security contribution rates for 2026 and creating a dedicated university for entrepreneurs. The document highlights the current fiscal and bureaucratic burdens faced by these workers.

IRS claims $14,000 owed for unreported Social Security income

Reported by AI

A taxpayer received an IRS notice demanding $14,000 for failing to declare Social Security benefits as income. The individual vows not to let the government 'walk all over' them and seeks guidance on next steps. This case highlights common tax pitfalls with retirement benefits.

Photo illustrating the uncertain adoption of the 2026 budget in the French National Assembly, showing lawmakers in tense debates over a patchwork finance bill.

Adoption of 2026 budget in National Assembly increasingly uncertain

Jean Martin Image generated by AI

After several days of intense debates in the National Assembly, the 2026 finance bill increasingly resembles a 'Frankenstein' budget, a patchwork of contradictory amendments complicating its final adoption. The executive, avoiding Article 49.3, faces strong opposition on measures like the surtax on multinationals and limits on sick leave. Lawmakers from all sides have adopted or suppressed key provisions, raising the risk of overall rejection.

CNAV director warns of delays after pension reform suspension

Jean Martin

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.

Social Security Administration stops paper checks in October

The Social Security Administration will discontinue mailing paper checks for benefits starting October 2024, requiring all recipients to use direct deposit instead. This permanent change affects retirement, disability, survivors benefits, and Supplemental Security Income payments. Over 99% of beneficiaries already receive payments electronically, making the transition smooth for most.

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