French face smaller pensions, later retirement: report

By Emmanuel Jarry PARIS (Reuters) - France's indebted pension system can only address chronic funding shortfalls if the French accept to work longer and take home smaller pensions, an official report will show on Tuesday. The report by the Cor consultative body, a copy of which was obtained by Reuters, was the second this week to point to a funding crisis in the system after the Cour des Comptes state audit body raised the alarm on private pensions. ...



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