In this study, we quantify the amount of redistribution that is performed by the French public pension system, using Insees dynamic microsimulation model DESTINIE. We more precisely focus on two issues: to what extent does the pension system reduce variability within the distribution of pensions...

While a new retirement pension reform is currently discussed in France, it is crucial to evaluate previous reforms. Up to now, no evaluation of the 2003 reform is available, particularly for civil servants. This article deals with the impact of this reform on the retirement behaviour of public...

The Destinie model is a dynamic microsimulation model that has been developed and used at the French national statistical institute (INSEE) since the mid-1990s and whose main application is the analysis of pension policies. The paper presents the new version of the model that is progressively...

Mens and womens pensions and retirement ages remain very different, even if this gap has been closing (slowly) for the most recent generations. This work analyses possible developments till 2040. We first study the impact on future pension entitlements and on disparities between genders of the...

Accrued-to-date liabilities (ADLs) could soon add to the set of regular statistics on public pensions, in compliance with updated SNA provisions. This raises two questions: how can this indicator be produced, and what for? Microsimulation is shown to constitute a relevant answer to the first...

The economic debate on pensions in France has been increasingly focusing on introducing more flexibility in the retirement decision (up to now sharply constrained by the strength of incentives to claim SS benefits at the so-called « full rate » in the private sector): see Charpin (1999) and...

The purpose of this paper is to analyze the effect of the irreversibility of the retirement decision on labour supply after 60. According to the theory, when the retirement decision is an absorbing state, people tend to remain longer on the labour market to be able to benefit from changes in...

The microsimulation model Destinie developed at INSEE projects the evolution of a representative sample of the French population up to 2040. It thus proves very useful to assess the effect of pension schemes reforms in the private sector on participation behaviour and financial balances. The...

Exploring the economic consequences of demographic changes is often carried out within simple accounting frameworks. Such approaches consist of projecting the impact of ageing on social security expenditures under exogenous assumptions about economic growth, productivity, wages and employment....

The microsimulation model Destinie developed at INSEE is a privileged tool to assess the effect of pension schemes reforms since it projects the evolution of a representative sample of the French population up to 2040. Up to now, the model was exclusively devoted to the projection of pensions...