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Redistributive Impact of Differential Mortality in the French Pay-As-You-Go System

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  • Thomas Barnay

    (ERUDITE, Faculté de sciences économiques et de gestion, Université Paris 12 Val de Marne, 61, avenue du Général de Gaulle, Mail des mèches, Créteil 94010, France.)

Abstract

The aim of this article is to determine the actuarial financial profitability and the “actuarial” age of retirement for men retiring above the age of 55 with a single pension from the private sector and no interruption to their payment career. France is characterized by considerable differences in mortality between social categories and these lead to significant redistributions. The application of the actuarial fairness concept would lead to a noticeable difference in the age of retirement by social category in order to compensate for these mortality differences. The Geneva Papers (2007) 32, 570–582. doi:10.1057/palgrave.gpp.2510145

Suggested Citation

  • Thomas Barnay, 2007. "Redistributive Impact of Differential Mortality in the French Pay-As-You-Go System," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 32(4), pages 570-582, October.
  • Handle: RePEc:pal:gpprii:v:32:y:2007:i:4:p:570-582
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    Cited by:

    1. Hupfeld, Stefan, 2009. "Rich and healthy--better than poor and sick?: An empirical analysis of income, health, and the duration of the pension benefit spell," Journal of Health Economics, Elsevier, vol. 28(2), pages 427-443, March.
    2. Carlos Grushka, 2019. "The Within-system Redistribution of Contributory Pensions Systems: a Conceptual Framework and Empirical Method of Estimation," Commitment to Equity (CEQ) Working Paper Series 91, Tulane University, Department of Economics.
    3. repec:dau:papers:123456789/3481 is not listed on IDEAS

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