5 Septembre 2020
Indeed, the ideal NDC system, where social security benefits are completely financed by contribution revenues, will probably have to be reexamined in light of the extremely high contribution rates required to guarantee adequate benefits.Finally, while higher contribution rates could also improve future benefits, for employees these are already at 32.3 per cent, the return rate on pension funds net of taxes and expenses is 2 per cent and life expectancy at retirement 16.The number of applications, which reached 42,000 in the first nine months, is quite high indeed, given that the number of seniority pensions liquidated to private employees was in 2004 around 150,000.More precisely, a NDC system, uniform (and neutral) across the different job categories, was introduced, which, as shown below, is expected to bring a significant reduction of unitary benefits. NDC.
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