The change of manager provided for in the fifth paragraph of article L. 224-6 entails the transfer to the new manager of all the individual rights in the plan being set up. In the event of a change in the legal status of a company which has set up a company pension savings plan, in particular by merger, sale, takeover or demerger, making it impossible to continue the old plan,…
Subject to the specific provisions of this chapter, the provisions relating to the company savings plan mentioned in Chapter II of Title III of Book III of Part Three of the Labour Code are applicable to the collective company pension savings plan, with the exception of the provisions of Articles L. 3332-10 and L. 3332-18 to L. 3332-28 of the same code.
A collective company pension savings plan may be set up at the initiative of the company or in accordance with one of the procedures mentioned in article L. 3322-6 of the Labour Code. Where the company has at least one trade union delegate or a social and economic committee, the collective company pension savings plan is negotiated under the conditions set out in 1° to 3° of article L. 3322-6…
The plan rules set out the terms and conditions under which the employer is to bear the costs of managing the plan. The list of costs that must be borne by the employer is specified by decree.
The collective company pension savings plan may be set up in the form of an inter-company plan under the conditions set out in Chapter III of Title III of Book III of Part Three of the French Labour Code.
Where a collective company pension savings plan has been set up, all employees of the company are entitled to benefit from its provisions. However, a seniority condition may be required. This may not exceed three months. A collective company pension savings plan may provide for default membership by the company’s employees, unless the latter advise otherwise. Employees are informed of this clause under conditions laid down by decree. A former…
The transfer of individual rights from a collective company pension savings plan to another pension savings plan before leaving the company is only possible up to a limit of one transfer every three years.
The rules of the collective company pension savings plan determine the conditions under which employees are informed of its existence and content. If the plan is not set up by virtue of an agreement with the employees, the employer shall send the list of the names of all the employees to the plan manager. The manager informs each employee by name of the existence of a collective company retirement savings…
The collective company retirement savings plan must be able to receive the payments mentioned in 1° and 2° of article L. 224-2, made in cash. The plan must also be able to receive sums from the compulsory payments mentioned in 3° of the same article by transfer from another retirement savings plan. For each voluntary payment mentioned in 1° of article L. 224-2, including the part corresponding to the additional…
The plan rules set out the list of assets to which payments may be allocated. Where this list includes assets other than units in the company mutual funds mentioned in article L. 214-164, the plan rules provide for the setting up of a supervisory committee made up of representatives of the company and, at least half, representatives of the plan members. The procedures for appointing members are set out in…
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Resources
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.
