The sums or securities held in members’ accounts are held until retirement. However, in certain cases linked to the participant’s situation or project, these sums or assets may exceptionally be released before retirement.
Without prejudice to the cases of early release provided for in article L. 3334-14, the sums or values registered in the participants’ accounts are paid out in the form of a life annuity acquired for valuable consideration. However, the agreement establishing the collective retirement savings plan may stipulate the terms and conditions for delivery in capital or conversion into an annuity of these sums or values, as well as the…
A decree in the Conseil d’Etat shall determine the terms and conditions for the application of this chapter.
In the event of a change in the legal status of a company which has set up a company savings plan, in particular by merger, sale, takeover or demerger, and where this makes it impossible to continue the old savings plan, the sums allocated to it may be transferred to the savings plan of the new company, after informing the staff representatives in accordance with the conditions laid down by…
The sums held by an employee, in respect of the special reserve for employee profit-sharing, which he has not requested to be issued at the time of the termination of his employment contract, may be allocated to the savings plan mentioned in articles L. 3332-1, L. 3333-1 and L. 3334-1 of his new employer. In this case, the period of unavailability that has elapsed for the sums transferred is deducted…
The directors of employee shareholding SICAVs representing employee shareholders or the members of the supervisory board of company mutual funds representing unitholders benefit, under the conditions and within the limits provided for in article L. 2145-11, from economic, financial and legal training of a minimum duration of three days. This training is provided by a body appearing on a list drawn up by regulation.
The time devoted to economic, financial and legal training is taken during working hours and is paid as such. It is deducted from the economic, social, environmental and trade union training leave provided for in articles L. 2145-5 et seq.
The provisions of this section apply to employees of the company who are members of the supervisory boards of the company investment funds provided for in Articles L. 214-164 and L. 214-165 of the Monetary and Financial Code.
The profit-sharing agreement or the rules of an employee savings plan may stipulate the conditions under which the social and economic committee or a specialised committee set up by it has the necessary means of information on the conditions of application of this agreement or these rules.
All employees of a company offering a profit-sharing scheme, a company savings plan, an inter-company savings plan, a collective retirement savings plan or a collective company retirement savings plan receive, when their employment contract is signed, an employee savings booklet presenting the schemes set up within the company. The employee savings booklet is also brought to the attention of the employee representatives, where applicable as part of the economic, social…
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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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
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