French Insurance Code

The benefits provided under the contracts referred to in article L. 143-1 may include additional cover in the event of the member’s death before or after ceasing professional activity, as well as in the event of disability and incapacity. Individual rights currently being built up under the contracts mentioned in article L. 143-1 may be transferred to another contract mentioned in article L. 143-1, as well as, under conditions and…

The assets of each contract covered by this section and subject to sub-accounting are held by one or more custodians separate from the supplementary occupational pension fund, which primarily provide the service referred to in 1° of Article L. 321-2 of the Monetary and Financial Code and are authorised in France or in another Member State of the European Union or party to the Agreement on the European Economic Area….

The notice referred to in article L. 141-4 indicates that the contract taken out is a supplementary occupational pension contract covered by this section. An order of the Minister for the Economy sets the list of minimum information contained in this notice. When their rights are settled, the supplementary occupational pension fund informs each member and beneficiary, under conditions defined by order of the Minister for the Economy, of the…

I.-The custodian referred to in article L. 143-2-1 shall be appointed by means of a written contract. This contract shall provide for the transmission to the custodian of the information necessary for the performance of its duties. The custodian must act honestly, loyally, professionally and independently, in the interests of the scheme’s members and beneficiaries. He may not engage in activities concerning the supplementary occupational pension fund or the insurance…

A decree of the Conseil d’Etat shall specify the conditions for the application of this chapter, in particular the technical and guarantee rules applicable to the operations referred to in Article L. 143-1, the procedures for setting up and operating the supervisory committee referred to in Article L. 143-2 and the possibilities for including the report referred to in Article L. 143-2-2 in the report on the solvency and financial…