Dear Madam, dear Sir,

Welcome to the Caisse d’Amortissement de la Dette Sociale (CADES) website.

In July 2020, new laws were passed as part of an accelerated legislative procedure allowing CADES to take over 136 billion euros in social debt and to extend its life with an end date of repayment of social debt postponed from 2024 to 2033.

I invite you to watch the video below in which I go over the details of these laws and our upcoming funding programs.

Jean-Louis Rey

Chairman of the Board