Union Retirees Monaco often joins the Union of Unions for hear his voice. This year for the first time, the amount of the pension point (which determines pensions) has been frozen. Retirees will soon be launching a petition calling for an increase of 2% of item ...
Photo archive Franz Chavaroche
The CAR, which suffers from a deficit in two years, pays pensions to about 20,000 retirees. In 20 years, the number of seniors will double ...
Though the Principality can be proud of being the second country in the world for life expectancy for women is 85 years (1) (78 years for men). But increasing the duration of retirement is a key factor accounts of the Caisse Autonome des Pensions (CAR). Retirees are 20,000 today. They will more than double by 2030! 41 700 exactly according to projections by the RACs.
Thousand retirees and more each year!
"Every year there are thousands more retirees, or 4%," says Bernard Asso, a member of the Audit Committee of the CAR representing employees.
Stéphane Valeri, Government Counsellor for Social Affairs and Health, said: "The steady increase in the lifetime of today leads to a deterioration of assets and liabilities to retirees and a structural imbalance our pension system, pension rights become superior to contributions received. "
Indeed, with a growth assumption of 2% of the workforce, the mode of current redistribution lead to a loss of reserves in 2029 according to several studies conducted on behalf of the CAR (2).
In their outlook, and considering that the main activity (difference in premiums collected / pensions) is negative for two years, changes are envisaged. But why? The positions of the Union of Monaco and the Employers' Federation diverge.
Today Time is in discussions.
1. Source: World Health Organization (WHO), based on 2007 data.
2. The RAC, however, a well-filled pot. On September 30, 2009, its net assets, including capital gains on revaluation amounted to 72.84 months of benefits and 1 billion euros. During the same period, net revenues generated by the financial and property management amounted to 23.5 million.
Joëlle Deviras
Monaco-Matin
