“I live very comfortably”: Mélenchon admits to having a good retirement thanks to capitalization without wanting to “recommend it to society”
If he judges capitalization to be too unequal and unstable, the rebellious candidate does not “complain” of the benefits that this system brings him as a former parliamentarian.
Do as I say, not as I do. During a long 2.5 hour interview with economist François Lenglet for TF1, Jean-Luc Mélenchon admitted having benefited from the funded pension plan, applied in part for parliamentarians, while affirming that it was not desirable for the rest of society. Asked about his personal life, the candidate for La France insoumise admitted to having “been lucky”.
“My material life has been simplified and now that I am retired from a professional point of view, I live very comfortably, I cannot say anything else,” he conceded, before noting a “paradox” himself: “I am a supporter of retirement by distribution and I live on retirement pensions that the assemblies acquire through pension funds. » However, the rebellious tribune “does not recommend to society” this system, of which he “certainly does not complain as far as [him] is concerned”. » READ ALSO - “This requires additional savings and therefore an effort”: the puzzle of moving from the retirement system to capitalization Several candidates for the Elysée, including David Lisnard, Bruno Retailleau and Édouard Philippe, recommend establishing a pillar of capitalization in the current system.
Jean-Luc Mélenchon's program conversely provides for the restoration of the legal retirement age to 60, financed in particular by a gradual increase in old-age contributions and the taxation of dividends, without recourse to capitalization. Questioned on Tuesday October 27 by ESSEC students, he assured that the pay-as-you-go system remained “viable”, the increase in productivity observed in recent years compensating for the deterioration in the demographic balance between active workers and retirees. He judges capitalization to be too unequal (“at the end there is retirement for the poor and those who can afford theirs”) and too unstable, because it is subject to financial fluctuations.
“At the first financial crisis: “Couic!” You no longer have money. This is what happened in the United States for the main funded pension funds,” he said, referring to the 2008 crisis.
Machine-translated from French
Not cross-checked yet
Only Le Figaro reports this story so far. We show it as a single source until another newsroom confirms it.
- Le Figaro28 Oct, 21:14
| Publisher Le Figaro (established tier) | +76 |
| Detailed summary | +2 |
| Total | 78 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.