ARRCOAssociation pour Le Régime de Retraite Complémentaire des Salariés (French: Association for Supplementary Retirement Plan for Employees; France)
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ARRCO will announce losses stemming from the event at a later date.
As a result the total net replacement rate (benefits as per cent of the last net wage) is expected to decline, for an average worker in the private sector with a full work career and who also receives a (compulsory) complementary pension from AGIRC or ARRCO schemes, from 84% in 2000 to 71% in 2020 and 67% in 2040.
Minus The Bear They Make Beer Commercials Like This ARRCO