France’s retirement income system comprises an earnings-related public pension with a minimum pension level; two mandatory occupational pension plans for blue and white collar workers respectively; and voluntary occupational plans.
The overall index value for the French system could be increased by:
- increasing the level of funded contributions thereby increasing the level of assets over time
- increasing the state pension age over time
- increasing the labour force participation rate at older ages
- improving the regulatory requirements for the private pension system
The French index value fell slightly from 57.5 in 2014 to 57.4 in 2015 due to a number of small changes.