Don't let's allow the French government down that slippery slope

Worried sick about pensions in the not-so distant future,Read in the Economist:
America's Pension Benefit Guaranty Corporation reported a deficit of $22.8 billion for the year ending September 30th. However, the federal agency, which insures private pensions, said its outlook had worsened due to recent “events” and now estimates it is exposed to $108 billion in pension losses. The Senate attempted to address the deficit by passing a bill that, among other things, requires employers to pay higher premiums to the agency.