The capitalization track reappears

The deputy Sylvain Maillard pleads for a pension system combining distribution and capitalization, believing that the current model will no longer be enough. He also underlines the need to increase the employment rate in France and defends an extension of working time to guarantee the financing of the social model.

© StarmarPro/Adobe Stock Save save Receive the alerts reform of pensions the deputy together for the Republic of Paris, Sylvain Maillard, was the guest of Franceinfo this Saturday, March 15. Member of the Defense Commission in the National Assembly, he approached the issue of pensions, arguing for a system combining distribution and capitalization, believing that a model exclusively based on intergenerational solidarity would be enough in the long term. “This does not exist, a funded retirement where we all work less”, he hammered, considering that it was time to look at the situation. This statement comes as former Prime Minister Édouard Philippe recently judged “completely above-ground” the consultations on the pension reform initiated by François Bayrou. The latter set up a “conclave” bringing together social partners and political representatives to reflect on adjustments of the reform of 2023, which had rejected the legal age of departure to 64 years. To read also: for Gérald Darmanin, retirement by capitalization is “the only way to save our pensions” increase in the employment rate and extension of working time Maillard was in agreement with Édouard Philippe on the need to reform in depth the system, even going so far as to defend an introduction of capitalization: “Edward Philippe speaks of capitalization, I also talk about it. We will have to have a pension and capitalization pension system, and if we do not have this hybrid system, it will no longer work. ” The deputy also underlined another major issue: the employment rate in France, which he deems too low compared to other European countries. According to him, an increase in the number of people in activity could largely compensate for the deficit in the pension system. “We have a much lower employment rate compared to the Germans, for example. If we were at the German employment rate, we would have no problem to finance our social model. ” To read too: What is retirement by points? Working longer is an economic necessity for Maillard therefore believes that working longer is an essential economic necessity. “I know it’s hard to hear, but it’s reality.” He thus joined a part of the right which militates for a new lengthening of the working hours, or even a gradual increase in the legal age of departure. Receive our latest news every week, articles to read to better anticipate your retirement. (tagstotranslate) R u00e9Form Pension

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