Que reste-t-il du débat répartition-capitalisation ?

Abstract

What is left from the debate on state retirement pensions compared to contributory pension schemes ? Over the last couple of years, the debate on state retirement pensions compared to contributory pension schemes has been an issue of major concern in the field of retirement matters. It is beforehand related to an original demographic evidence : which is the exact nature of constraints that demography exerts on retirement benefits ? Are contributory pension schemes a good or a bad answer to these constraints ? Which could eventually be the economic advantages of such a development ? About these questions, it would seem that there is a relative common view that contributory pension schemes will not work wonders, but are one of the possible means of preventing next century demographic and economic uncertainties. Under these conditions, debate has shifted to the issue of how to implement contributory pension schemes, and mainly how to reach a balance between players' control and players' freedom, both on the side of the system's recipients and on that of the system's managers. This question is considered on three major issues : individual and collective sharing, means and ways of contributory pension cashing and manager's status.