The Socialists, a key voting bloc in a fractured parliament, had said they would file a motion to oust Lecornu's new cabinet if he did not immediately suspend the measure.
In a policy speech to lawmakers, Lecornu -- who is under pressure from both the hard-left and far-right blocs -- supported suspending the 2023 pension reform until the next presidential election.
"There will be no increase in the retirement age from now until January 2028," he pledged.
The reform, which the government forced through parliament without a vote in 2023, sparked months of protests.
In a bid to gain opposition backing, Lecornu earlier this month promised not to force legislation through and allow all bills to be debated in the lower house.
But he warned lawmakers that "suspending for the sake of suspending makes no sense", saying the move was an opportunity to find another path forward.
The move will cost some €400 million in 2026 and €1.8 billion the year after, Lecornu said, adding the suspension must be offset by savings, not by increasing the deficit.
The former defence minister also proposed a working group to discuss the pension system, improve women's pensions and address poor working conditions.
"This conference will have time to reach a decision before the presidential election" in 2027, he told lawmakers.
Any conclusion, he said, will then be put forward to a vote by parliament.
"The government will make suggestions, we will debate, and you will vote," Lecornu said.
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