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Career Interruptions : How Do They Impact Pension Rights ?

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  • Legendre, Bérangère
  • Mage-Bertomeu, Sabine
  • Briard, Karine
  • Duc, Cindy
  • El Mekkaoui de Freitas, Najat

Abstract

The aim of this article is to analyse the question of career interruptions and to evaluate their impact on pension retirement for French private sector workers. Using the last French survey on households' wealth (2003-2004), we first study the career set-backs for individuals born between 1937 and 1949. We highlight the new trends in professional paths. The risk of unemployment and job flexibility has sharply risen. As a consequence, some cohorts appear to be more exposed to career interruptions. Second, we determine how pension rights for French employees are affected by different career accidents. We consider unemployment, part-time employment and inactivity periods. Our results show how, by compensating for some career accidents, the French legislation allows individuals to receive, in some cases, the same level of social security pension that they would have received with a smooth professional path.

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File URL: http://basepub.dauphine.fr/xmlui/bitstream/123456789/7049/2/Careers_GENEVA.pdf
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Bibliographic Info

Paper provided by Paris Dauphine University in its series Economics Papers from University Paris Dauphine with number 123456789/7049.

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Date of creation: Jul 2011
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Publication status: Published in Geneva papers on risk and insurance - Issues and practice, 2011, Vol. 36, no. 3. pp. 440-457.Length: 17 pages
Handle: RePEc:dau:papers:123456789/7049

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Keywords: Part Time; Pension; Retirement; Social Security; France;

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  1. Nicole Roth & Carine Burrican, 2000. "Les parcours de fin de carrière des générations 1912-1941 : l'impact du cadre institutionnel," Économie et Statistique, Programme National Persée, vol. 335(1), pages 63-79.
  2. Gupta, N.D. & Smith, N., 2000. "Children and Career Interruptions: the Family Gap in Denmark," Papers 00-03, Centre for Labour Market and Social Research, Danmark-.
  3. Laurent Caussat, 1996. "Retraite et correction des aléas de carrière," Économie et Statistique, Programme National Persée, vol. 291(1), pages 185-201.
  4. Miguel Malo & Fernando Muñoz-Bullón, 2008. "Women’s family-related career breaks: a long-term British perspective," Review of Economics of the Household, Springer, vol. 6(2), pages 127-167, June.
  5. Shoba Arun & Thankom Arun & Vani Borooah, 2004. "The Effect Of Career Breaks On The Working Lives Of Women," Feminist Economics, Taylor & Francis Journals, vol. 10(1), pages 65-84.
  6. Nakamura, Jiro & Ueda, Atsuko, 1999. "On the Determinants of Career Interruption by Childbirth among Married Women in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 13(1), pages 73-89, March.
  7. Antoine Bommier & Thierry Magnac & Muriel Roger, 2000. "Le marché du travail à l’approche de la retraite : évolutions en France entre 1982 et 1999," Research Unit Working Papers 0211, Laboratoire d'Economie Appliquee, INRA.
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