The amount of the benefit is equal, for each beneficiary, to the product of the number of annuity units in his account multiplied by the service value of the annuity unit determined for the contract to which he has subscribed.
The acquisition value of the annuity unit and its service value are set each year by the insurer in accordance with the terms of the agreement and subject to compliance with the conditions set out in Article R. 441-23, in such a way that if the ratio, valued at the end of the previous financial year, between, on the one hand, the sum of the special technical provision and the…
Each year, the insurer calculates the amount of the theoretical mathematical reserve that would be required to ensure the payment of immediate and deferred life annuities on the basis of the service value at the inventory date. This calculation is based on the technical rules laid down by order of the Minister for the Economy. When the sum of the amount of the special technical provision established in respect of…
I. – For rights in the course of constitution of operations whose benefits are linked to the cessation of professional activity, the agreement provides for the transfer option mentioned in the eighth paragraph of article L. 132-23 according to the procedures described in section 5 of chapter II of title III of book I as well as the redemption option under the conditions provided for in articles L. 224-4 and…
I. – When, for a given agreement, the ratio of the sum of the special technical provision, the special technical reversal provision and the net unrealised gains and losses on the assets allocated to the special technical provision to the theoretical mathematical provision is less than 1.05, the service value of the annuity unit determined for the following financial year, in accordance with Article R. 441-21, may not exceed that…
If the ratio, assessed at the end of the financial year, between the sum of the special technical provision and the net unrealised gains and losses on the assets allocated to the special technical provision, on the one hand, and the theoretical mathematical provision, on the other hand, has been less than 0.9 for three financial years, the insurance undertaking shall draw up a convergence plan designed to re-establish a…
When the number of members of an agreement, including non-contributors and retirees, is or becomes less than 1,000 after the expiry of the period provided for in Article R. 441-15, the agreement is converted.
The conversion of the agreement entails, within a period of one year, the transformation of the operations subject to conversion into life annuity operations covered, in full and at all times, by mathematical provisions. The share of the reserves attributable to each member in the conversion of the operations in question determines the benefit provided by the substitute insurance operation. This distribution and the amount of the benefits of the…
In the event of conversion of an agreement under the conditions mentioned in articles R. 441-24 or R. 441-26, the assets representing the technical provisions mentioned in 1° and 3° of article R. 441-7 and half of the assets representing the technical provisions mentioned in 2° of the same article are divided between the beneficiaries of this agreement.
When, in application of the last paragraph of II of article L. 441-10 , a member’s rights are converted into an immediate or deferred life annuity expressed in euros and managed outside the auxiliary allocation accounts set up for the agreement concerned : 1° The amount of this annuity is calculated on the basis of the number of points acquired on the date on which the changes come into force…
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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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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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