2023 Social Security Financing Adjustment Law (French: Loi de financement rectificative de la sécurité sociale pour 2023)
Citation
Law no. 2023-270 (LOI n° 2023-270)
Enacted by
Senate
Enacted by
National Assembly
Signed by
President Emmanuel Macron
Signed
14 April 2023
Legislative history
First chamber: Senate
Introduced by
Borne government
Passed
16 March 2023
Voting summary
193 voted for
114 voted against
Second chamber: National Assembly
Member(s) in charge
Borne government
Passed
20 March 2023
Voting summary
295, by not voting for a motion of censure which would have prevented the bill from passing, effectively voted for
278, by voting for said motion of censure, effectively voted against
Summary
Raises the retirement age
Status: Current legislation
In 2023, a law was passed in France that raises the retirement age from 62 to 64 with a requirement that the retiree has worked at least 43 years. Its provisions, which sparked strikes, were highly controversial, as was Prime Minister Elisabeth Borne's invocation of Article 49.3 of the French Constitution, allowing a draft law to pass without a vote unless the Assembly adopts a motion of no confidence within a set time. Two such motions were filed within the required timeframe, and both of them were voted down on 20 March.
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