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France considers capping severance pay at one annual social security ceiling

A government proposal aims to standardize tax exemption thresholds for severance pay in employment contract terminations.

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The annual social security ceiling (PASS) would apply to around a dozen cases, as revealed in a document on September 7, 2026.

This reform could reduce tax and social benefits for affected employees.

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Auto-synthesis from 1 media source · identified on September 11, 2026
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