" Nobody denies that the market is an indispensable factor of economic efficiency. But it must be accompanied by an active state, except to accept rising inequality, tear the social fabric, and exclusion of the weakest. Those who advocate a weak state refrain ensure the country's social cohesion. The market economy, social or she will be challenged sooner or later " (Pierre BEREGOVOY days of public service, November 5, 1992).
Since 1993, the 1 st May is a special day for Nivernais that combine to Labor Day remembrance, still present, Pierre Beregovoy, our friend.
While the political highlights of the pension reform and that many fears weigh on the future of our system of PAYG pensions, a little background:
Late 1992, early 1993 Peter Beregovoy, Prime Minister, moved to anticipate the difficulties that know pension funding from 2005, when "demographic bump" will explode the number of retirees relative to the contributors. It proposes to reate a guarantee fund with capital of nationalized industries, particularly insurance companies and banks.
It is up to the managers of this fund to manage these titles, making them grow, sell them, if necessary, to ensure the balance of pension insurance. So bring capital to participate in the financing of PAYG and then in the words of Francois Mitterrand ", to reassure the French, worried about their retirement and to mobilize the capital of those companies that belong to them."
known what happened then national companies and the fund was never created, now with almost 20 years back I would, in memory of Pierre Beregovoy which again was right to think that if this idea had been completed, the problem might not be fully resolved but would certainly less acuity.
1 st May 2010 TRIBUTE TO PETER BEREGOVOY
10H gathering at the cemetery and John Gautherin deposit Sheaf
11am at the Orangerie of the General Council, the award of departmental Pierre Beregovoy
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