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When creating Social Security, France imitated more the Bismarckian system (insurance for workers) than the Beveridge one (widespread solidarity). Over the years, the solidarity (as opposed to a system of contributions) has gradually developed in the French system, which the foundation remains the concept of insurance.
The state scheme is financed by a payroll tax known as "social security contributions". The rate in 2013 is 15.15% (8.4% for the employer and 6.75% for the employee) of pay up to the social security contribution ceiling of €37,032, and 1.7% (1.6% for the employer and 0.1% for the employee) on the remainder of the salary. [7]
In 2018, Social security paid out €470 billion in social benefits, equivalent to 20% of France's GDP of €2,353 billion. [1] Its main expenditure is on benefits for the sickness branch of the general scheme (€198.3 billion) and benefits for the old-age branch of the general scheme (€126.3 billion).
Total net social spending in terms of percent of GDP, takes into account public and private social expenditure, and also includes the effect of direct taxes (income tax and social security contributions), indirect taxation of consumption on cash benefits, as well as tax breaks for social purposes. [1]
Birth Year. Full Retirement Age (FRA) 1943 to 1954. 66. 1955. 66 and 2 months. 1956. 66 and 4 months. 1957. 66 and 6 months. 1958. 66 and 8 months. 1959. 66 and 10 months
Assurances sociales referred to the French social insurance framework to address social risks such as illness, unemployment, disability, old age, and family responsibilities. Its evolution reflects the broader history of social protection systems and the interplay between private initiative, public intervention, and collective solidarity.
It was drafted by Prime Minister Lionel Jospin's leftist government in 1999, on the initiative of Minister of Social Affairs and Employment Martine Aubry. In compliance with this program, medical expenses are reimbursed to all people who have been legally residing in France for over 3 months, whereas illegal aliens are entitled to State medical ...
Social insurance system: N/A: N/A Belgium: Social assistance: Social insurance system: N/A: N/A Bhutan: No: Provident fund system: No: N/A Botswana: Basic pension: No: No: N/A Brazil: Social assistance: Social insurance system: N/A: N/A Brunei: Basic pension: Provident fund system: Supplementary individual account: N/A Bulgaria: Social ...