French government saddles Cades with pension task

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French government saddles Cades with pension task

Issue: 1163 - 16 July 2010

Keywords: Cades, Cades to take over deficits of the Employees’ Retirement Fund (Fonds de Réserve pour Les Retraites)

Cades is to take over the deficits of the Employees’ Retirement Fund (Fonds de Réserve pour Les Retraites) from 2011 until 2018, the French Ministry of Labour, Solidarity and Social Affairs announced. This raises the possibility of meaning higher funding volumes in future for the French borrower. ..

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