Social Security and Retirement in FranceDidier Blanchet, Louis-Paul Pele
NBER Working Paper No. 6214 Among numerous retirement schemes in France, the Social Security general regime" covers all wage earners from the private sector, about 65% of workers. In this regime are eligible for a full pension at 65, or between 60 and 65 if they contributed to the regime for at" least 37.5 years. For people between 60 and 65 who do not fulfill this condition still possible but with a downward adjustment of benefits. Our computations show that early" retirement adjustment rules give strong incentives to go on working until being eligible for a full" pension, even if mandatory complementary schemes soften incentives, especially for executives." These results are consistent with empirical hazard rates, showing two spikes at 60 and 65 with the change in the retirement age induced by the 1983 reform.
The NBER Bulletin on Aging and Health provides summaries of publications like this.
You can sign up to receive the NBER Bulletin on Aging and Health by email. This paper is available as PDF (1600 K) or via email.
Machine-readable bibliographic record - MARC, RIS, BibTeX Document Object Identifier (DOI): 10.3386/w6214 Published: Social Security and Retirement in France, Didier Blanchet, Louis-Paul Pele. in Social Security and Retirement around the World, Gruber and Wise. 1999 Users who downloaded this paper also downloaded these:
|
Contact Us
People
James Poterba, presidentJames Poterba is President of the National Bureau of Economic Research. He is also the Mitsui Professor of Economics at M.I.T. |
NBER ResearchersResearchers by NBER ProgramComplete NBER Research Family List |
 |
Other People LinksStaffBoard of Directors |