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Sarkozy to act over pensions shortfall (Time to learn something from the French)
Financial Times ^ | November 9, 2009 | Ben Hall and Peggy Hollinger

Posted on 11/09/2009 8:38:01 PM PST by bjc

European politicians appear to be more willing to confront the elephant in the room of public sector and government pensions than US politicians. Ours seem to be more willing to let the problems grow and grow and grow.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: unfundedpensions

1 posted on 11/09/2009 8:38:02 PM PST by bjc
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To: bjc

Ya been here long enough to know it’s against the rules to change the article title.


2 posted on 11/09/2009 9:09:28 PM PST by upchuck (New sign on my pickup: Are you a "Hope and Change" regretter?)
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To: bjc
The government was against radical reform, such as introducing UK-style second-tier occupational pensions, big hikes in contribution rates or cuts to pension levels that could more drastically reduce costs, he added.

The UK is ahead of the French on this one.

3 posted on 11/09/2009 9:42:54 PM PST by kabar
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