The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Compulsory Social Security Activities 84.30 - Compulsory social security activities
760 jobs Number of planned job losses
Announcement Date
22 July 2014
Employment effect (start)
1 January 2014
Foreseen end date
31 December 2017
Description
The National pension system (Caisse nationale d'assurance vieillesse) has agreed with the State to reduce its workforce by about 760 positions by 2017 through non-replacement of retirees. The plan was adopted by the CNAVs' board on 4 September. The CNAV will replace 50% of the 1,512 departures in retirement by 2017. The total workforce will decrease from 13300 to 12500 by 2017. For the government the job cuts are part of a plan to reduce social security expenses by about 1.2 billion euro before 2017. Similar job cuts have also been decided in the National health insurance system (Caisse nationale d'assurance maladie-CNAM) (see ERM Factsheet) and the National body in charge of collecting social security contributions (ACOSS) (see ERM Factsheet)
Sources
5 September 2014: Les Echos
22 July 2014: Les Echos
Citation
Eurofound (2014), Caisse nationale d'assurance vieillesse (CNAV), Internal restructuring in France, factsheet number 77437, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77437.
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