Introduce in the pension reform a dose of capitalization to save the pay-as-you-go system.
An idea that is popular on the right.
After the declarations of the mayor of Cannes, David Lisnard, it is the turn of the deputy LR Philippe Juvin to table amendments in this direction.
France has opted for a pay-as-you-go system – where active people contribute to pay pensions for retirees – but this is very dependent on the demographic balance.
Capitalization – where everyone contributes for themselves, the sums growing on the markets while waiting for retirement – remains underdeveloped.
Only a few categories benefit from it, like civil servants, with the additional civil service scheme (Rafp): operational since 1 January 2005, it allows nearly 4.5 million agents to build up a supplementary pension .
Provisions for civil servants
Pharmacists have also opted, alongside pay-as-you-go, for collective capitalization, which now finances 50% of their pensions.
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