Pension Funds in France: Still a Dead End?
The French Presidential elections of 2002 have exacerbated the debate on the future of the pension system. This debate started about 20 years ago, and has been marked by numerous reports, books, and contributions that have not been followed by any significant political decisions. Only one reform, the Balladur reform (named after the Conservative Prime Minister in place at that time, Edouard Balladur) was enacted in 1993. Surprisingly, the Balladur reform was inspired by the White Book issued in 1991 and ordered by Michel Rocard when he was the Prime Minister of a Socialist government. The first pillar of the pension system, i.e. the pay-as-you-go (PAYG) basic scheme, was the only concern of the Balladur reform. The other pillars, i.e. complementary PAYG or funded schemes, were not affected. In March 1997, Parliament enacted the Thomas Act (named after the Conservative deputy who wrote the proposal) that introduced retirement savings plan (Plans d'epargne retraite), but the law was never enforced because of the political change in June 1997 and was formally abrogated in 2002. Copyright 2003 The International Association for the Study of Insurance Economics.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 28 (2003)
Issue (Month): 1 (01)
|Contact details of provider:|| Postal: Route de Malagnou 53, CH - 1208 Geneva|
Phone: +41-22 707 66 00
Fax: +41-22 736 75 36
Web page: http://www.blackwellpublishing.com/journal.asp?ref=1018-5895
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=1018-5895|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Didier Blanchet & Florence Legros, 2002. "France: The Difficult Path to Consensual Reforms," NBER Chapters,in: Social Security Pension Reform in Europe, pages 109-136 National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:bla:geneva:v:28:y:2003:i:1:p:127-150. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.