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Pensions: the Pension Monitoring Committee once again urges the executive to act

2020-12-21T19:34:38.273Z


The system, which costs 14% of GDP, is underfunded. The government, cautious, will have to arbitrate between the starting age and the level of pensions.


While France is mired in the crisis, no one wants to reopen the pension file.

And yet, there is a need to do so.

After the alert from the Pension Orientation Council (COR) at the end of November, which postponed the return to equilibrium of the system until 2045 in the best case, it is the turn of the Pension Monitoring Committee (CSR) to sound the alarm bell.

Created in 2014 to warn the government in the event of financial abuse, this independent committee of five experts delivered its annual opinion to the Prime Minister on Monday evening.

An opinion that puts, again this year (it was already the case in 2018 and 2019), the pressure on the executive ...

Read also:

Pensions: Emmanuel Macron and Jean Castex at the foot of the wall

"

The system remains underfunded for the next 25 years,

" notes the CSR.

And this, in most of the COR projections, which are nevertheless very optimistic,

"even though the crisis could rather invite a downward widening of the range of productivity assumptions that COR is used to adopting".

And if it can be "

normal

" this year to finance

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Source: lefigaro

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