Retirement by capitalization: why this track begins to attract policies

Its model: Sweden where on salary slips, 16.5 % of contributions finance the distribution system and 2.5 % that by capitalization. “There are two enormous advantages,” says the Minister Delegate for Europe. First, an increase in the rate of return because the capital reports more. Then it allows you to finance the economy. There is massive dormant savings that could be invested in industry, tech, decarbonation and armies. Especially since Emmanuel Macron warned that, in the event of an American withdrawal from Ukraine, the share of military spending would drop from 2.1 % to 5 % of GDP.