Abstract
The creation in 19 4 7 of the AGIRC (Association Générale des Cadres), a complementary retirement plan for managerial staff, was a decisive step in the making of the French employees. This article analyses the circumstances which led to the setting up of a compulsory national scheme based on a pay-as-you-go basis and jointly run by labour unions and representatives of employers. This scheme was different from those established in other developed countries. It had repercussions on the French model of employment, since the resources of both managerial staff and blue-collar workers are related to their wages alone, and not to savings.
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