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PENSIONS IN FRANCE

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Macron's pension reform has been suspended by the French National Assembly

The reform adopted in 2023 was controversial from the outset and has been the main cause of the political crisis in the country. The Socialist Party made it a condition that the reform be repealed so as not to let the government of Sebastien Lecornu fall.

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French National Assembly

The French National Assembly approved on Wednesday, by a large majority, the withdrawal of the controversial pension reform of 2023, the main political concession to political parties by Prime Minister Sebastien Lecornu, in order to prevent the fall of the government, a measure that the Socialist Party considered essential.

The vote to approve the repeal of the reform went ahead with 255 votes in favour (supported by the Socialist Party, the Greens and the National Assembly) and 146 against (supported by the Insumisa France and the Communist Party).

Subsequently, Members of Parliament rejected the freezing of retirement pensions and minimum social benefits by 308 votes in favour and 99 against, a measure included in the draft Social Security budget.

Lecornu's plan is to postpone pension reform approved between protests in 2023 until after the 2027 presidential election so that  does not begin to be implemented until January 2028.

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