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Retraites : à la recherche de solutions miracles..

Author

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  • Henri Sterdyniak

Abstract

The article discusses two recent reform proposals of the French pension system. Piketty and Bozio suggest the introduction of a unified system of individual notional accounts. This system would be automatically in balance, although at the cost of a dramatic fall in pensions? levels, which would widen as people live longer. Hairault et al. advocate for postponing the retirement age through substantial financial incentives. Both proposals claim they increase the free choice of retirement age and ensure actuarial neutrality, but they do not account for differences in 60 year-old workers? employability and life expectancy. In basing pensions? levels on individual choices, the proposals would free the Society and companies of their current responsibilities: ensuring living standards parity between pensioners and workers, ensuring a decent pension to all workers that firms do not want to hire anymore. JEL classification: J26, H55.

Suggested Citation

  • Henri Sterdyniak, 2009. "Retraites : à la recherche de solutions miracles..," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(2), pages 109-140.
  • Handle: RePEc:cai:reofsp:reof_109_0109
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    References listed on IDEAS

    as
    1. Jean-Olivier Hairault & François Langot & Thepthida Sopraseuth, 2009. "Le faible taux d'emploi des seniors. Distance à l'entrée dans la vie active ou distance à la retraite ?," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(2), pages 63-84.
    2. Gerard Cornilleau & Henri Sterdyniak, 2008. "Retraites, les rendez-vous de 2008," Sciences Po publications info:hdl:2441/6187, Sciences Po.
    3. repec:dau:papers:123456789/10042 is not listed on IDEAS
    4. Hairault, Jean-Olivier & Langot, François & Sopraseuth, Thepthida, 2005. "Les effets à rebours de l'âge de la retraite sur le taux d'emploi des seniors," CEPREMAP Working Papers (Docweb) 0513, CEPREMAP.
    5. Gerard Cornilleau & Henri Sterdyniak & Guillaume Allegre & Jérôme Creel & Sarah Guillou & Sandrine Levasseur & Catherine Mathieu & Frédéric Reynés & Elena Stancanelli & Vincent Touzé, 2008. "Emploi des seniors : les leçons des pays de réussite," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03459851, HAL.
    6. Jean-Olivier Hairault & François Langot & Thepthida Sopraseuth, 2008. "Pour une retraite choisie. L'emploi des séniors," Post-Print halshs-00311096, HAL.
    7. repec:hal:spmain:info:hdl:2441/6187 is not listed on IDEAS
    8. repec:hal:spmain:info:hdl:2441/6405 is not listed on IDEAS
    9. repec:hal:wpspec:info:hdl:2441/6187 is not listed on IDEAS
    10. Gael Dupont & Henri Sterdyniak, 2000. "Quel avenir pour nos retraites ?," SciencePo Working papers Main hal-03426704, HAL.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Arnaud Lechevalier, 2021. "Un système de retraite universel par points serait-il plus juste socialement ? Éléments d’évaluation des principaux enjeux de la réforme Macron/Delevoye," Post-Print halshs-03781917, HAL.
    2. Catherine Bac & Samia Benallah, 2016. "Glissement de la norme de contributivité au régime général d'assurance-vieillesse : une estimation des effets potentiels sur le niveau des pensions," Post-Print hal-02968979, HAL.

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    More about this item

    Keywords

    pension system reforms; older workers' employment;

    JEL classification:

    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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