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"What Is at Stake Is the Survival of Our Social Model": Warning on the Social Security Deficit

Summary by Le Parisien
In front of the social partners, the government has provided a rather unremarkable picture of the financial situation of the social security system, but for the moment it does not reveal its intentions.

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In front of the social partners, the government has provided a rather unremarkable picture of the financial situation of the social security system, but for the moment it does not reveal its intentions.

·Paris, France
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Lean Right

DECRYPTAGE - The government brought together all the actors involved in the management of the "Secure" to try to bring the country's social accounts back to balance by 2029.

·Paris, France
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With the objective of exercising control and standardizing formats in the issuance of salary and salary schedules, in addition to reducing time in the monitoring of the budget execution of the Social Security Administrations of the Short Term (SSCP), currently carried out by the Technical Directorate of Financial Control and Administrative Control of the ASUSS, the Executive Director of the Social Security Supervision Authority of the Short Term…

In terms of the public deficit, France has long been the anchor of the euro area. More serious, it is also the only major country in the European Union to have increased its deficit in 2024. Rating agencies could degrade France's sovereign rating as of this year.

While the deficit is forecast to continue, the government is stepping up consultations to identify the lines of action before 2029. A strategic meeting was held in Bercy, bringing together ministers, parliamentarians and social actors around a crucial issue: finding ways to redress social security accounts. The stated objective is to achieve balance by 2029, [...] The article Social Security: Bercy in search of solutions to restore financial bal…

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Le Figaro broke the news in Paris, France on Tuesday, June 3, 2025.
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