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Why social protection reform is urgently needed

2020-12-04T19:32:29.875Z


A study denounces the excessive share of compulsory contributions opening no rights to those who pay them.


Social protection has been put in place to protect the French and their families in the event of a hard blow: accident, illness, death, etc.

However, the French model is now facing a double difficulty, indicates a study published Thursday by the Institute of Social Protection (IPS), think-thank of liberal inspiration.

On the one hand, the system comes up against a funding problem.

France devotes 31.4% of its national wealth to social protection, ie 7 points more than the average for developed countries.

However, the deficit in social accounts has never been so important.

“We

will have to pay back.

If we do not do this work of overhauling the system, the debt will become unbearable, it will end up at the IMF,

”warns Bruno Chrétien, president of the IPS.

According to him, we must in particular interrupt the current universal retirement plan and initiate a "

serious reform of pensions

", which requires working longer to balance the accounts.

Read also:

A 70-year-old social protection system to improve and strengthen

On the other hand, by dint of establishing

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Source: lefigaro

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