Section 2: The company pension savings plan

The company pension savings plan takes the form of a collective company pension savings plan, covered by sub-section 2 of this section, or a compulsory pension savings plan, covered by sub-section 3 of this section. A company which has had a company savings plan as referred to inarticle L. 3332-1 of the French Labour Code in place for more than three years shall open negotiations with a view to setting…

The company pension savings plan provides that from the fifth year prior to the maturity date mentioned in article L. 224-1, the holder may contact the plan manager by any means in order to obtain information on his rights and on the savings redemption procedures appropriate to his situation and to confirm, where applicable, the pace of financial risk reduction as part of an allocation mentioned in the third and…

Notwithstanding the third paragraph of Article L. 224-5, the policyholder may not irrevocably opt for the liquidation of his rights in the form of a life annuity before the maturity date mentioned in Article L. 224-1.

The change of manager provided for in the fifth paragraph of article L. 224-6 entails the transfer to the new manager of all the individual rights in the plan being set up. In the event of a change in the legal status of a company which has set up a company pension savings plan, in particular by merger, sale, takeover or demerger, making it impossible to continue the old plan,…