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Welfare Reform on the Web (April 2001): Pensions - Overseas

FRANCE GRIDLOCKED BY PENSION PROTESTS

S. Jeffries

Guardian, Jan 26th 2001, p.16

France's pension scheme is jointly managed by trade unions and employers. Employees contribute to a state-run minimum pension fund and to two top-up funds which guarantee better retirement packages. Employers are threatening to change the nature of these top-up funds unilaterally, saying that employees must continue working until the age of 65 instead of 60 to receive the full rewards. This reform would counter the rising cost of the system. There has been widespread industrial action by workers in protest against the proposals.

FRENCH EMPLOYERS IN PENSION RETREAT

R. Graham

Financial Times, Feb 12th 2001, p.6

Reports that the French employers' federation, Medef, has agreed to drop plans for an early reform of supplementary pensions on condition that the entire pay-as-you-go state pension system is overhauled before the end of 2002.

GERMAN STATES DEMAND PENSION REFORM RETHINK

R. Atkins

Financial Times, Feb 5th 2001, p.6

German federal state governments are demanding further changes to Gerhard Schröder's pension reform plans. They are concerned about the costs they would shoulder in subsidising the proposed new government-supported private pension funds.

PENSION REFORM FACES SETBACK IN GERMANY

R. Atkins

Financial Times, Jan 24th 2001, p.10

Reports that the opposition Christian Democratic Union will vote against the government's plans to supplement the state pension with private schemes when the legislation returns to the Bundestag on January 26th.

PORTABILITY OF SUPPLEMENTARY PENSION RIGHTS IN THE EUROPEAN UNION

V. Andrietti

International Social Security Review, vol.54, Jan-Mar 2001, p.59-83

Paper analyses EU and national supplementary pension portability regulation for a representative sample of EU countries in the light of recent empirical evidence outlining the role of occupational pensions in individual job mobility choices in those countries.