2024-04-15 06:05:57
No, administration interventions are not excessive!
Jean-Pascal Beaufret, with his experience as a financial inspector, openly criticizes the way in which social protection expenditure is presented by administrations. According to him, there is a notable distortion between official speeches, which affirm that the interventions of social administrations are in surplus, and the reality of the figures, which show a deficit.
In the pages of the magazine Comment, Jean-Pascal Beaufret argues that the official documents are inconsistent with financial reality. Having gone through the accounts transmitted by France to Brussels, Jean-Pascal Beaufret draws our attention to the Old Age line, which displays a deficit of 69 billion euros… even though in the accounts which are published for national consumption, France shows a surplus of 4.4 billion euros.
The urgency of clear and transparent reform
So how could such a hole have been created? As the magazine explains Pointyear after year, the deterioration of the accounts (and not only those of the Old Age branch) has been compensated by the transfer of resources from the State or branches of Social Security. There is also the civil servants’ regime, which benefited from a transfer of 35 billion euros, or the special regimes, which benefited from a transfer of 7.2 billion euros.
For the former financial inspector, transparency in the communication of economic data is crucial for a clear understanding of the pension situation in France. More generally, faced with these revelations, it becomes urgent to rethink the French pension system so that it is sustainable and equitable.
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