The particularly low employment rate of French older workers could be explained by a « distance to retirement » effect. In fact, employers and employees? investment in the work relation would be not profitable when employees are near to retirement. In their empirical study, Hairault and al....

In 2009, in France, nearly 3 of 4 of the people receiving benefits from the general pension system retired at (or before) 60, which is the legal minimum age required. We discuss, in this paper, the arguments in favour of an increase of this age. We also put forward that increase of the legal age...