France mulls pension changes to give labourers more say over when they retire
VELIZY-VILLACOUBLAY, France (REUTERS) - France's government is mulling a points-based retirement credit system rather than a years-of-work tally for people in tough physical jobs, to give them more say over when they retire, Prime Minister Jean-Marc Ayrault said on Tuesday.
Any special credits for labourers are likely to be financed by rises in social welfare contributions, details yet to be worked out by a Socialist government which plans to reform the retirement system to help fix a ballooning pension deficit.
It aims to submit the plan to parliament in the weeks ahead.
Some Scandinavian countries use points-based pension systems praised for their transparency and simplicity and for allowing more flexibility for people who, for example, switch careers often or take time out to care for children or the elderly.