Fiche du document
21 mars 2020
- handle: 10670/1.nktfhf
- isbn: 9783030379117
- hal: hal-02521185
- doi: 10.1007/978-3-030-37912-4_10
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1007/978-3-030-37912-4_10
Mots-clés
French supplementary pension system Contributiveness Tax distortion properties Generational impactsSujets proches
Frenchmen (French people)Citer ce document
Frédéric Gannon et al., « The French Mandatory Occupational Pension Scheme: History and Properties of a Point System », Archive ouverte de Sciences Po (SPIRE), ID : 10.1007/978-3-030-37912-4_10
Métriques
Partage / Export
Résumé
This chapter deals with the French PAYGO mandatory occupational pension scheme for the private sector workers (AGIRC-ARRCO), one of the world’s oldest pension point systems. In a first section, we trace the history of the setup of this system which relies on a particular mode of governance (joint administration by trade union and employers’ respective representatives). The second section is dedicated to the analysis of the tax distortion properties of the calculation rule of this defined contribution supplementary pension system. We also discuss the similarities with the German and Swedish pension systems. Weakened by the 2008 economic crisis, this jointly administered French supplementary pension scheme had to undergo a severe adjustment in “emergency mode” (Turner, Social security financing: Automatic adjustments to restore solvency, Washington, DC: AARP Public Policy Institute, 2009), in October 2015. We detail this agreement and show how it restores medium term balance and enacts the principles of sustainable governance.