Geoffroy Roux de Bézieux reacted on France inter to the proposal of Emmanuel Macron to lengthen the duration of contribution rather than raise the age of retirement.

For the president of the Medef, to the economy of raising the age of retirement would be tantamount to “lying by omission to the French”. Asked about the proposal of Emmanuel Macron to an overhaul of the pension system on the basis of a period of contribution, rather than a raising of the starting age, Geoffroy Roux de Bézieux said on France inter that”he should do both”.

“It was a financial impasse by 2025, and it will increase the number of annuities and increase to 43 years, but it will not make the economy of the age, and it is lying by omission to the French than to say the contrary”, he said. “I’m not going to accuse the president of the Republic of lying by omission, I just want to say that the truth is that we are in a system” where they are “assets that pay for the retirees,” continued the president of the Medef.

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“I hope that this is not a manoeuvre to bury reform,” stated Geoffroy Roux de Bézieux. “We are the only country in the world to have 100% of distribution between generations in our pension system, he further stated, while the funded pension plan prevails in the United States, and that Germany has a mixed system.

in addition, he stressed that “the truth today is that in the private retirement not at age 62. In the private sector, the people who depart today depart at 63 years old, on average.

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If it is in favour of a general recovery of the retirement age due to the aging of the population, which threatens the financial balance of the system, Geoffroy Roux de Bézieux the other hand, declared in favour of individualisation “to take into account the people who started work early”.