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Career Interruptions: How Do They Impact Pension Rights?

Author

Listed:
  • Najat El Mekkaoui de Freitas

    (University Paris-Dauphine, Place du marechal de lattre de tassigny, Paris 75016, France. LEDa, UMR225-DIAL)

  • Cindy Duc

    (University Paris-Dauphine, Paris)

  • Karine Briard

    (CNAV, Paris)

  • Sabine Mage

    (University Paris-Dauphine, Paris, LEDa, IRD, UMR225-DIAL)

  • Bérangère Legendre

    (University Paris-Dauphine, Paris and University d’Orléans, LEO, UMR6221)

Abstract

The aim of this article is to analyse the question of career interruptions and to evaluate their impact on pension retirement for French private sector workers. Using the last French survey on households’ wealth (2003–2004), we first study the career set-backs for individuals born between 1937 and 1949. We highlight the new trends in professional paths. The risk of unemployment and job flexibility has sharply risen. As a consequence, some cohorts appear to be more exposed to career interruptions. Second, we determine how pension rights for French employees are affected by different career accidents. We consider unemployment, part-time employment and inactivity periods. Our results show how, by compensating for some career accidents, the French legislation allows individuals to receive, in some cases, the same level of social security pension that they would have received with a smooth professional path.

Suggested Citation

  • Najat El Mekkaoui de Freitas & Cindy Duc & Karine Briard & Sabine Mage & Bérangère Legendre, 2011. "Career Interruptions: How Do They Impact Pension Rights?," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 36(3), pages 440-457, July.
    • Handle: RePEc:pal:gpprii:v:36:y:2011:i:3:p:440-457
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    Citations

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    Cited by:

    1. Bérangère Legendre, 2011. "Inequalities between retirees and workers: an empirical model to capture the effect of taxation," Economics Bulletin, AccessEcon, vol. 31(4), pages 2787-2798.
    2. repec:dau:papers:123456789/10599 is not listed on IDEAS
    3. Cindy Duc & Félix Housset & Laurent Lequien & Corentin Plouhinec, 2015. "Le modèle de microsimulation Trajectoire : un outil d’estimation des réformes de retraites tous régimes," Économie et Statistique, Programme National Persée, vol. 481(1), pages 121-148.
    4. Patricia Peinado & Felipe Serrano, 2017. "Unemployment, wages and pensions," International Review of Applied Economics, Taylor & Francis Journals, vol. 31(5), pages 670-680, September.

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