Reform of combining work and retirement pension from 2027
Article 102 of the 2026 Social Security Financing Act rewrites article L. 161-22 of the Social Security Code. For people whose first basic pension starts from 1 January 2027: below the legal retirement age, the pension is reduced by the full amount of earnings; between the legal age and the automatic full-rate age, it is reduced by half of earnings above a threshold set by decree; beyond that, the combination is unrestricted. Leaving the employer remains a condition, with exceptions set by decree.
Measure originators
No official estimate found for this measure.
Measure impact
New retirees from 2027 who go back to work will see their pension reduced if they are below the legal age, or if they exceed an earnings threshold before the automatic full-rate age (67); combining remains unrestricted beyond that age.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
President of the Republic signature
Publication au Journal officiel