Publications

50 publications found

• Report

  Update on the status of the pension reform in France

  The protests in France have evolved: while their scale has receded, the intensity and determination of the unions remain intact. We are publishing an update on the legal status of the reform, now under the scrutiny of the Constitutional Council. We analyse the three possible scenarios following this body's ruling: acceptance, full censure, or a possible popular referendum initiative which, if it materialised, would open a nine-month negotiating window between the government and the unions. This technical report also details the Council's current composition, key to anticipating the final impact of this law on the French social fabric and on the stability of Macron's second term.

  March 29, 2023
• Report

  France Report: current status of the pension reform

  The social landscape in France is going through a critical stage as a result of the pension reform driven by Emmanuel Macron's government. Our new report analyses in depth the pillars of this change: raising the retirement age to 64, increasing the number of contribution years required and eliminating special schemes for sectors such as rail and energy. Beyond the technical data, we examine the response of the main trade union confederations —CGT, CFDT and FO— and the political tension arising from implementation by decree under article 49.3 of the French Constitution. It is an essential analysis for understanding how an executive is attempting to reduce a pension deficit estimated at 17 billion euros by 2025 while facing rejection from 70% of the population and a mobilisation that goes beyond the traditional union sectors.

  March 27, 2023