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Retraites par répartition et droits acquis

Listed author(s):
  • Georges Casamatta
  • Pierre Pestieau

[eng] Pay-as-you-go pensions and entitlements The future of Pay-as-you-go (PAYG) pension systems is a hotly debated issue. In this paper, we argue that the real difficulty facing these systems does not come from factors such as aging or declining productivity growth but from political resistance to changes. In other words, the problems are political rather than economic or demographic. Our society can afford to grow older but to do so, it is necessary to question and eventually abandon a number of entitlements and continuously adjust the pension system to evolving needs. [fre] Retraites par répartition et droits acquis Le ralentissement de la croissance économique et le vieillissement démographique expliquent que l'on s'interroge sur l'avenir de retraites fondées sur la répartition. L'objet de cet article est de montrer que la difficulté réelle à laquelle fait face notre système de retraite n'est pas de nature économique ou démographique mais politique. Nos sociétés ont les moyens de vieillir mais, pour cela, il faut un certain courage politique, celui de renoncer aux droits acquis et d'adapter continuellement le système de retraite aux besoins du moment.

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Paper provided by Centre de Recherche en Economie Publique et de la Population (CREPP) (Research Center on Public and Population Economics) HEC-Management School, University of Liège in its series CREPP Working Papers with number 9902.

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Date of creation: 1999
Handle: RePEc:rpp:wpaper:9902
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