Title II: Aid to maintain and safeguard employment

The supplementary allowance referred to in 4° of article L. 5123-2 is granted to employees who accept the transformation of their full-time job into a job where the working time is at least one fifth less than the legal working time in order to avoid redundancies for economic reasons.

This degressive allowance is paid for a maximum of two years. Its amount, duration and the rules for determining the respective contributions of the State and the employer to its financing, as well as the conditions of membership and the additional guarantees from which the employees concerned benefit, particularly in the event of redundancy, during the period of payment or at its end, are set by joint order of the…