Trésor-Economics No. 178 - The October 2015 agreement on France's complementary pension schemes for private-sector employees (AGIRC and ARRCO)
France has two points-based pay-as-you-go compulsory complementary pension schemes for private-sector employees: AGIRC covers managerial and executive staff (cadres), and ARRCO covers non-executives (non-cadres). The schemes were established in the second half of the twentieth century and are managed directly by the social partners (trade unions and employer organisations).Without adjustments, bot... Lire la suite