The liquidation or early redemption of rights in the cases mentioned in I of article L. 224-4 takes the form of a single payment which, at the option of the holder, relates to all or part of the rights likely to be liquidated or redeemed.
The retirement savings plan sets out the conditions under which the holder may choose how to receive the sums referred to in article L. 224-5.
For the application of the fourth paragraph of article L. 224-6, in the event that the transfer right of the mathematical reserves or the shares of the diversification reserves exceeds the proportion of the assets representing them, the plan may provide for this transfer value to be reduced accordingly, without this reduction exceeding 15% of the value of the holder’s individual rights relating to commitments expressed in euros. These provisions…
Pursuant to Article L. 224-7-1, the reporting obligations defined in Articles L. 132-9-6 of the French Insurance Code, L. 223-10-5 of the French Mutual Code and L. 312-21-1 apply to unliquidated contracts, regardless of when they were opened, relating to the following retirement savings products: 1° The products mentioned in 1° to 7° of I of article L. 224-40 ; 2° Retirement savings products whose contributions are subject to income…
When the legal situation of a company that has set up a company pension savings plan changes, in particular through a merger, sale, takeover or demerger, the signatories of the agreement or, where the plan has not been set up in application of an agreement, the employer, may decide to transfer employees’ assets to the plan of the new company. Employee representatives are informed of this transfer. If it is…
Leave days invested in the company pension savings plan at the request of the employee are invested for the value of the leave allowance calculated in accordance with the provisions of Articles L. 3141-23 to L. 3141-26 of the French Labour Code.
In the absence of a company time savings account, the employee may, up to a limit of ten days per year, pay the sums corresponding to days of rest not taken into the company pension savings plan. Annual leave may only be allocated for the period exceeding twenty-four working days.
The ceiling provided for inArticle L. 3332-11 of the Labour Code is set at 16% of the annual amount of the ceiling provided for in Article L. 241-3 of the Social Security Code. The initial payment and the periodic payment by a company into the collective company pension savings plan provided for in article L. 224-20 of this code benefit all holders who satisfy the seniority conditions, if any, provided…
When the rules of the collective company pension savings plan provide for default membership by employees, the company informs each employee in accordance with the procedures set out in the plan rules. Once the plan has been set up, this information is also sent to each new employee. The employee has a period of fifteen days from the date of this notification in which to expressly waive membership. The employee…
The costs that must be borne by the employer pursuant to article L. 224-15 are : 1° Where the collective company pension savings plan gives rise to the opening of a securities account: recurring charges of any kind relating to the keeping of the securities account; 2° Where the collective company pension savings plan gives rise to the subscription of a group insurance contract: recurring costs of all kinds relating…
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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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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