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To what extent a pension system can be judged fair given structural differences in life expectancy across socioeconomic groups is not straightforward and will depend on the exact design of the system and other social policies in place, and how these policies interact with the pension system.
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A specificity of the current French system is that a private sector worker is currently covered by two mandatory public pay-as-you-go (PAYGO) schemes: a general defined benefit (DB) scheme - which is the main component - managed by the state and a points scheme (AgircArrco) managed by social...
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Commission drastically revised its economic and fiscal forecasts. The Summer 2020 Economic Forecast projects that the euro area …
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