Revamped retirement at Paris Opera Ballet. (News).
Times are changing for the 154 dancers of the Paris Opera Ballet The Paris Opéra Ballet is the official ballet company of the Opéra national de Paris, otherwise known as the Palais Garnier, though known more popularly simply as the Paris Opéra. . After more than a decade of negotiations, the first historic revamping of the company's retirement policy has been confirmed. The French government announced in February 2002 that it would officially put a controversial retirement age difference to rest, allowing both male and female dancers to benefit from the POB's attractive retirement package once they turn 40.
The change eliminated the extended five-year period required for male dancers, who in the past could only retire at 45. Dancers can now voluntarily opt for retirement at 40 and are obliged o·blige
v. o·bliged, o·blig·ing, o·blig·es
1. To constrain by physical, legal, social, or moral means.
2. to halt their professional activities at age 42. The change confirms the assertion of the company's director, Brigitte Lefevre, who, in July 2001, when the heated issue brought the POB PoB - Prisoner of Bill to a halt with a one-day strike, commented that a compromise would be "very good for the company."
The retirement fund provides dancers, the majority of whom entered the company straight out of the POB school, with a lifelong financial cushion Cushion
In the context of project financing, the extra amount of net cash flow remaining after expected debt service.
See call protection. , calculated on a sliding scale slid·ing scale
A scale in which indicated prices, taxes, or wages vary in accordance with another factor, as wages with the cost-of-living index or medical charges with a patient's income. and hierarchically hi·er·ar·chi·cal or hi·er·ar·chic or hi·er·ar·chal
Of or relating to a hierarchy.
hi based on their salaries. These benefits provide a base for the dancers, the majority of whom increase that pay with a new job.
The POB's system is unique in the country. At the Lyon Opera Ballet, for example, dancers are hired on yearly, renewable contracts, providing them with the opportunity to halt their activity at will, generally between the ages of 35 and 40. Upon their departure, they, like all dancers, benefit from a maximum of three years of state-funded unemployment pay as they seek a new career path.
At Les Ballets de Monte-Carlo, post-stage career assistance is provided by a new association, Avant Scenes, which was established in December 2000 to assist dancers with the heavy load of administrative tasks a job search requires.