The additional sums that the company has undertaken to pay into the plan are allocated at the same time as the member’s payments or, at the latest, at the end of each financial year and before the member leaves the company.
Amounts allocated by way of profit-sharing that employees wish to allocate to a company savings plan shall be paid into the plan within a maximum period of fifteen days from the date on which they were received.
Where a former employee of the company does not have access to a collective retirement savings plan, he may continue to make payments into the collective retirement savings plan of his former company. Except in this case, a former employee who has left the company for a reason other than retirement or early retirement may not make further payments into the company savings plan. However, when the payment of profit-sharing…
In the absence of an agreement, the sums are allocated to an open-ended investment company governed by articles L. 214-7 to L. 214-7-4 and L. 214-24-29 to L. 214-24-33 of the French Monetary and Financial Code or to an employee savings fund governed by articles L. 214-163 to L. 214-166 of the same code with the least risky investment profile in the company savings plan or, failing that, in the…
The company keeps a register of the administrative accounts opened in the name of each member. This register shows, for each member, the sums allocated to the savings plan as well as a breakdown of the investments made and the remaining unavailability periods.
The keeping of the register of administrative accounts may be delegated. In this case, the delegation contract specifies the procedures for informing the delegatee. The details of the person responsible for keeping the register are given in the company savings plan regulations.
The person responsible for keeping the register of administrative accounts draws up a statement of the shares or units belonging to each member. At least once a year, a copy of this statement is sent to the interested parties with an indication of the status of their account.
The annual statement of account sent to beneficiaries by the administrative account registrar, as provided for in article L. 3332-7-1, includes : 1° Identification of the company and the beneficiary; 2° The total amount of rights and assets held in the beneficiary’s account, estimated at 31 December of the previous year; 3° The amount of his rights and assets per management vehicle, with the dates on which they are available,…
The costs of maintaining a custody account for former employees of the company, where they are not borne by the company, may be deducted from the assets in accordance with the conditions laid down by the profit-sharing agreement or by the collective agreement setting up the company savings plan or, failing that, by the fund regulations.
The provisions of article D. 3324-34 are applicable to mutual funds set up to use sums allocated to a company savings plan.
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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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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