#2023-1250Social Security Financing Act 2024
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This law details financial projections for France's social security system for 2024, including anticipated revenues, expenditures, and budget deficits. It projects economic growth and inflation figures and outlines adjustments to various social security branches like healthcare and pensions. The law also details changes related to retirement age and contributions, impacting both employers and employees.
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Key Changes
- Projections for social security finances including revenues and expenditures for 2024.
- Adjustments to branch expenses due to inflation and reform measures.
- Changes in retirement age and social contribution allocations.
Obligations
What this law requires
Implement the progressive increase in retirement age from 62 to 64 years at the rate of one quarter per generation starting September 1, 2023, as specified in law n° 2023-270 of April 14, 2023
Achieve National Health Expenditure Objective (ONDAM) growth rate of 3.2% in 2024 (excluding COVID-19 related expenses), with cost-saving measures totaling 3.5 billion euros across outpatient care, health products, and healthcare establishments
Transfer 0.15 points of generalized social contribution (CSG) from the Social Debt Amortization Fund (CADES) to the National Autonomy Solidarity Fund (CNSA) as provided by law n° 2020-992 of August 7, 2020
Maintain a COVID-19 provision of 0.2 billion euros within the 2024 ONDAM budget, reflecting mid-year expenditure levels and prior financial commitments
Implement cost containment and fraud prevention measures within the healthcare system as integrated into the baseline expenditure projections