Individuals can pay into a retirement savings plan. The purpose of the plan is the acquisition and enjoyment of personal lifetime rights or the payment of a capital sum, payable to the holder from the date of liquidation of his pension under a compulsory old-age insurance scheme or from the age mentioned in article L. 161-17-2 of the Social Security Code, at the earliest. The plan gives rise to the…
The sums paid into a retirement savings plan may come from : 1° Voluntary payments by the holder ; 2° Sums paid under the profit-sharing scheme provided for in Title II of Book III of Part III of the Labour Code, or under the incentive scheme provided for in Title I of Book III of the Labour Code, or from payments by companies provided for in Title III of Book…
Payments into a retirement savings plan that has given rise to the opening of a securities account are allocated to the acquisition of financial securities offering sufficient protection for the savings invested and appearing on a list established by regulation, taking into account the financial management procedures of the plan. Payments into a retirement savings plan which has given rise to subscription to a group insurance contract, the performance of…
I.-Rights accrued under the retirement savings plan may, at the request of the holder, be liquidated or redeemed before the due date referred to in article L. 224-1 in the following cases only: 1° The death of the holder’s spouse or their partner in a civil solidarity pact; 2° The disability of the holder, their children, their spouse or their partner in a civil solidarity pact. This disability is assessed…
On the due date mentioned in article L. 224-1 : 1° The rights corresponding to the sums mentioned in 3° of article L. 224-2 are issued in the form of a life annuity; 2° The rights corresponding to the other payments are delivered, at the choice of the holder, in the form of a capital sum, paid up in one go or in instalments, or in the form of a…
Individual rights in the process of being built up may be transferred to any other retirement savings plan. The transfer of rights does not entail any change in the conditions for their purchase or liquidation as provided for in this sub-section. The costs incurred in connection with such a transfer may not exceed 1% of the rights acquired. They are null and void at the end of a period of…
Holders are provided with regular information on their rights, in accordance with the conditions laid down by regulation, particularly with regard to the value of rights currently being built up and the procedures for transferring them to another retirement savings plan. Holders of a retirement savings plan receive detailed information specifying, for each asset in the plan, the performance gross of fees, the performance net of fees and the fees…
Everyone is entitled to free information about the retirement savings products they have subscribed to during their lifetime. The online service mentioned in III of article L. 161-17 of the Social Security Code provides access to this information at any time. A directory is created for the management of this information, which is made available by the managers under the conditions provided for in article L. 132-9-6 of the Insurance…
Unless otherwise stipulated, the terms and conditions for the application of this chapter are specified by decree in the Conseil d’Etat. For the application of this chapter, the provisions applicable to retirement savings plans opened in the form of a group insurance contract whose execution is linked to the cessation of professional activity are also applicable to retirement savings plans opened in the form of a contract whose purpose is…
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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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