4 ms·
The origin of social security/pensions in France was that they set the retirement age at 70, an age 1-2% of the population made it to. (My link actually claims
by robbiep 11y ago
The origin of social security/pensions in France was that they set the retirement age at 70, an age 1-2% of the population made it to.
(My link actually claims Germany, I can't find the French data and I'm on mobile so the intrepid reader may set out on an exploration of the pension system from here.
In such a system, the tax burden of sure porting the population is obviously minimal.
As standards of living and life expectancy improved, the proportion of people making it to pension age increased, and the pension age decreased (generally in line with expansion of social welfare programs, as well as a recognition that retirement was more of a right than a privilege for those who lasted long enough).
Is it so wrong for pension ages to creep up? Demographics certainly had. I for one expect to be working for my entire lifespan (although as a doctor this is probably easier for me than many other professions)
[0] https://en.m.wikipedia.org/wiki/Pension https://en.m.wikipedia.org/wiki/Pension