> France's system has the working population pay for the pension on the retirees, as a social security tax. With the retirement age around 62-65, with the lifes

> France's system has the working population pay for the pension on the retirees, as a social security tax. With the retirement age around 62-65, with the lifespan increasing, and with the Baby Boomers retiring, it isn't a sustainable system. It can be sustainable, even at comprable rates, especially with fewer younger workers if wages are allowed to increase to meet labor demand.