This volume is part of a series of monographs on private pensions in OECD countries. Previous titles have considered the situation of Canada, Ireland, New Zealand, the United States, the United Kingdom and Australia. Private pensions occupy a central role in the French system of retirement...

This chapter deals with the French PAYGO mandatory occupational pension scheme for the private sector workers (AGIRC-ARRCO), one of the world's oldest pension point systems. In a first section, we trace the history of the setup of this system which relies on a particular mode of governance...