what happens without a Social Security budget?

Michel Barnier, at the National Assembly in , November 6, 2024. JULIEN MUGUET FOR “THE WORLD”

The question is causing growing apprehension at the highest levels of government: what would happen if the “Secu” budget for 2025 was not approved? While the text was to be submitted, Monday, December 2, to the deputies, the Prime Minister, Michel Barnier, decided to have it adopted without a vote by relying on article 49.3 of the Constitution, prompting the tabling of two motions of censorship, by the left and the National Rally. Therefore, the government could fall and the Social Security financing bill (PLFSS) would be considered stillborn.

Read also | Live, 2025 budget: the Barnier government on reprieve after recourse to 49.3, LFI files a motion of censure, the RN announces that it will vote for it

Read later

Such a hypothesis was raised in very alarmist terms by Elisabeth Borne: “If the Social Security budget is censored, this means that, on 1is January [2025], your Vitale card no longer works » and that “pensions are no longer paid”declared the MP and former Prime Minister, on November 24 on LCI. A statement that is undoubtedly exaggerated if we rely on the explanations of Dominique Libault, president of the High Council for the Financing of Social Protection: if found itself without PLFSS at the start of next year, the welfare state “would not stop immediately”he said: “Social benefits would be paid and contributions would continue to be collected. »

However, there is one point that concerns all those familiar with our solidarity system: it is the borrowing capacity of the Central Agency for Social Security Organizations (Acoss). “Each year, this operator is authorized, by the “Secu” budget, to raise funds on the financial markets, within the limit of a ceiling which has been raised from 45 billion euros to 65 billion euros in 2025, in order to meet the cash flow needs of the schemes”underlines Elisabeth Doineau, senator (Centrist Union) of Mayenne and general rapporteur of the Social Affairs Committee at the Palais du Luxembourg. According to her, it is necessary that “Acoss is equipped with this authorization, otherwise the payment of all social benefits could not be ensured, and very quickly”.

Read also | Article reserved for our subscribers The Barnier government at the mercy of parliamentary chaos

Read later

The same problem arises for the pension fund of hospital workers and local civil servants, continues Mme Doineau : “It also benefits from borrowing authorization of 13 billion euros for 2025, thanks to the PLFSS. If it is deprived of this, it may no longer be able to award pensions. »

You have 53.44% of this article left to read. The rest is reserved for subscribers.

-

-

PREV Lows in the 40s, wind chill in the 30s
NEXT PSG, an unpleasant air of déjà vu