Sébastien Lecornu’s government plans to reduce France’s Social Security deficit by €9.1 billion, bringing it down from €21.8 billion to €12.7 billion in 2027. The proposal forms part of the next annual social security budget bill, known as the PLFSS.
The bill was rejected on first reading by the National Assembly and is now being examined by the Senate. The government’s deficit-reduction target is considered ambitious and would require measures that could prove unpopular, including restrictions on certain benefits.
The strategy is presented as an effort to make the Social Security system financially sustainable. Retirement and healthcare account for the two largest areas of social-protection spending, well ahead of support for families, unemployed people and renters.
Sources: Le Figaro.