Financial balance of pensions: retirees in the sights of the “conclave”

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Bayrou government file

Of the €6.5 billion to be found by 2030, nearly €6 billion could come from a partial de-indexation of pensions and an increase in the CSG (General Social Contribution) for pensioners, if the conclusions of the pension consultation are adopted by the government. This poses a significant political risk for the government.

The pension conclave could deliver its conclusions on Monday, June 23. (Jean-François Fort/Hans Lucas.AFP)

Spared by the 2025 budget thanks to the fall of the Barnier government, can the fifteen million retirees hope not to be asked to contribute in 2026, the year in which François Bayrou and his ministers plan to reduce the deficit by 40 billion euros ? The answer to this question is not yet known, but it was undoubtedly partly decided during the pension "conclave" that was due to end on Monday, June 23, although the outcome was not yet known at the time of writing.

Amid numerous disagreements on the retirement age or the consideration of arduousness, the trade union organisations (CFDT, CFE-CGC and CFTC) and employers' organisations (Medef and CPME) which have met throughout the last four months have in fact reached an agreement, rather discreetly and despite strong reluctance