Title II: Savings products

When the legal situation of a company that has set up a company pension savings plan changes, in particular through a merger, sale, takeover or demerger, the signatories of the agreement or, where the plan has not been set up in application of an agreement, the employer, may decide to transfer employees’ assets to the plan of the new company. Employee representatives are informed of this transfer. If it is…

Leave days invested in the company pension savings plan at the request of the employee are invested for the value of the leave allowance calculated in accordance with the provisions of Articles L. 3141-23 to L. 3141-26 of the French Labour Code.

In the absence of a company time savings account, the employee may, up to a limit of ten days per year, pay the sums corresponding to days of rest not taken into the company pension savings plan. Annual leave may only be allocated for the period exceeding twenty-four working days.

The ceiling provided for inArticle L. 3332-11 of the Labour Code is set at 16% of the annual amount of the ceiling provided for in Article L. 241-3 of the Social Security Code. The initial payment and the periodic payment by a company into the collective company pension savings plan provided for in article L. 224-20 of this code benefit all holders who satisfy the seniority conditions, if any, provided…

When the rules of the collective company pension savings plan provide for default membership by employees, the company informs each employee in accordance with the procedures set out in the plan rules. Once the plan has been set up, this information is also sent to each new employee. The employee has a period of fifteen days from the date of this notification in which to expressly waive membership. The employee…