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…
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,…
Subject to the specific provisions of this chapter, the provisions relating to the company savings plan mentioned in Chapter II of Title III of Book III of Part Three of the Labour Code are applicable to the collective company pension savings plan, with the exception of the provisions of Articles L. 3332-10 and L. 3332-18 to L. 3332-28 of the same code.
A collective company pension savings plan may be set up at the initiative of the company or in accordance with one of the procedures mentioned in article L. 3322-6 of the Labour Code. Where the company has at least one trade union delegate or a social and economic committee, the collective company pension savings plan is negotiated under the conditions set out in 1° to 3° of article L. 3322-6…
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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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