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Article L1237-5 of the French Labour Code

Retirement means the possibility given to the employer to terminate the employment contract of an employee who has reached the age mentioned in 1° of article L. 351-8 of the Social Security Code , subject to the seventh to ninth paragraphs : A lower age may be set, within the limit of that provided for in the first paragraph of article L. 351-1 of the Social Security Code, if the…

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Article L1237-5-1 of the French Labour Code

As from 22 December 2006, no collective agreement or arrangement providing for the possibility of compulsory retirement of an employee at an age lower than that set out in 1° of article L. 351-8 of the Social Security Code may be signed or extended. Agreements concluded and extended prior to 22 December 2006, determining compensation in terms of employment or vocational training and setting an age lower than that mentioned…

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Article L1237-7 of the French Labour Code

The retirement of an employee entitles him to a retirement indemnity at least equal to the redundancy indemnity provided for in article L. 1234-9. Each employee may receive only one severance or retirement payment. The indemnity is awarded on the first full settlement of the pension.

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Article L1237-9 of the French Labour Code

Any employee who voluntarily leaves the company to receive an old-age pension is entitled to a retirement allowance. The rate of this allowance varies according to the employee’s length of service with the company. The method of calculation depends on the employee’s previous gross remuneration. The rate and method of calculation are determined by regulation. Each employee may only receive one severance or retirement payment. The indemnity is awarded on…

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Article L1237-11 of the French Labour Code

The employer and employee may jointly agree on the terms and conditions of termination of their employment contract. A contractual termination cannot be imposed by either party, and cannot be used as an alternative to dismissal or resignation. It results from an agreement signed by the parties to the contract. It is subject to the provisions of this section designed to guarantee the freedom of consent of the parties.

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Article L1237-12 of the French Labour Code

The parties to the contract agree on the principle of a contractual termination during one or more meetings at which the employee may be assisted: 1° Either by a person of his choice from the company’s staff, whether an employee holding a trade union mandate or an employee who is a member of a staff representative institution or any other employee; 2° Or, if there is no staff representative body…

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