“The financing of our social model must be a lever to build a more equitable future” | EUROtoday

LA Social Security celebrates its eightieth anniversary. A real pillar of solidarity, it protects all residents no matter their scenario, and weaves a robust intergenerational hyperlink which ensures social cohesion and justice. Social safety performs a vital function and has asserted itself as an efficient shock absorber during times of dysfunction.

She confirmed it on the event of the 2008 subprime disaster or, extra just lately, in the course of the Cavid-19 pandemic. Today, Social Security is dealing with main challenges, together with the ageing of the inhabitants, the development of continual illnesses and the financing of dependence.

The social safety deficit, whether it is underneath management, stays vital and can’t save modifications supposed to anticipate demographic and well being developments. Rethinking our social mannequin is frequent sense. In a always altering world, it’s crucial to have a tendency in direction of extra effectivity, to adapt the providers provided to rising wants and to foretell future challenges.

A hybrid system

The mode of social safety financing has already developed so much in latest many years. It was initially primarily based on the work and social contributions of staff and employers, earlier than regularly opening up different sources of funding. This has given beginning to a hybrid system which contains particular contributions resembling the final social contribution (CSG) or parts of solidarity funded by tax. These successive changes illustrate the capability to adapt the system to financial, demographic and social developments.

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