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France debates pension tax abatement amid deficit plans

Original: abattement fiscal retraite

French Retirement Minister Jean-Pierre Farandou has unveiled government plans to halve the social security deficit by 2027, insisting that no pensions will be cut. The plans touch on fiscal abatements for retirees, prompting debate in France over how pension taxation and benefit rules will change as the government seeks savings without reducing payments.

Why now: The government's new plan to cut the social security deficit raises concerns among retirees about possible changes to pension tax rules.

Jean-Pierre FarandouFrench governmentSécurité socialeChallenges

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