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Career Interruptions: how do they impact pension rights?

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Author Info

  • Karine Briard

    (CNAV - CNAV - CNAV)

  • Cindy Duc

    (Chercheur Indépendant - Aucune)

  • Najat El Mekkaoui De Freitas

    (LEDa - Laboratoire d'Economie de Dauphine - Université Paris IX - Paris Dauphine)

  • Bérangère Legendre

    ()
    (IREGE - Institut de Recherche en Gestion et en Economie - Université de Savoie - Institut d'Administration des Entreprises (IAE) - Savoie Mont-Blanc)

  • Sabine Mage

    (LEDa - Laboratoire d'Economie de Dauphine - Université Paris IX - Paris Dauphine)

Abstract

The aim of this article is to analyze 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 setbacks for individuals born between 1938 and 1948. 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 pension that they would have received with a smooth professional path.

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Bibliographic Info

Paper provided by HAL in its series Post-Print with number hal-00951830.

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Date of creation: 2011
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Publication status: Published, The Geneva Papers on Risk and Insurance, 2011, 36, 3, 440-457
Handle: RePEc:hal:journl:hal-00951830

Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00951830
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Related research

Keywords: Career interruption; Pensions; Social security;

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References

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  1. Laurent Caussat, 1996. "Retraite et correction des aléas de carrière," Économie et Statistique, Programme National Persée, vol. 291(1), pages 185-201.
  2. 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.
  3. 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.
  4. 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.
  5. Gubta, Nabanita Datta & Smith, Nina, 2000. "Children and Career Interruptions: The Family Gap in Denmark," CLS Working Papers 00-3, University of Aarhus, Aarhus School of Business, Centre for Labour Market and Social Research.
  6. 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.
  7. 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.
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