Debates on French pension reform crystallize on the contribution period and the retirement age. The polls left no doubt about it: the French do not want to work longer! For opponents of the reform who recognize the reality of the system’s financial imbalance, the solution could be to involve businesses by raising employer contributions. Without prejudging its relevance, this option seems impossible due to the already high level of social contributions which weigh on work and activity. It’s blocking! A final parameter, however, remains relatively little commented on: the amount of the pensions. However, this poses a problem. It provides a comfortable standard of living for retirees today. But the future could be less bright.
Read the full story about French pension reform by Gerep, Asinta’s employee benefits consulting Partner in France.