As per reports, on Tuesday (14 October), French Prime Minister Sébastien Lecornu formally announced the suspension of President Emmanuel Macron’s pension reform, which sought to raise the retirement age from 62 to 64.
• The suspension, effective until January 2028, is intended to restore confidence and enable the development of alternative policy solutions, as outlined during Lecornu’s general policy address at the National Assembly in Paris.
• The reform, enacted in spring 2023 without a parliamentary vote, had previously sparked extensive nationwide protests. Opposition parties, including the Socialist Party, France Insoumise, and the far-right National Rally, had tabled motions of no confidence against the government.
• Prime Minister Lecornu’s announcement seeks to stabilize his minority government ahead of the parliamentary vote scheduled for Thursday (16 October).
• The government further clarified that the insurance period will remain at 170 quarters until January 2028. Lecornu emphasized the initiation of consultations with social partners and the convening of a pension conference prior to the 2027 presidential elections.

