Comments on: Regime de Retraite Complementaire http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/ Living in France and daily life for a UK expat in the French blog! Fri, 10 Feb 2012 07:42:23 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Henri http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/comment-page-1/#comment-15512 Henri Sat, 04 Apr 2009 21:26:19 +0000 http://www.francethisway.com/wp/?p=335#comment-15512 I may be wrong, but my understanding is that all work history and contributions in any EU country are summed up and taken into consideration when the pension is determined (at age of 65). I may be wrong, but my understanding is that all work history and contributions in any EU country are summed up and taken into consideration when the pension is determined (at age of 65).

]]> By: davemc http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/comment-page-1/#comment-15505 davemc Mon, 30 Mar 2009 05:23:41 +0000 http://www.francethisway.com/wp/?p=335#comment-15505 Yes you are correct - moving to a SARL and splitting revenue into salary and eventually dividends seems the most common approach. I'm all for paying my fair share of the social system as a cost of living here but the pension system is really beyond a joke for migrants. Yes you are correct – moving to a SARL and splitting revenue into salary and eventually dividends seems the most common approach. I’m all for paying my fair share of the social system as a cost of living here but the pension system is really beyond a joke for migrants.

]]> By: Boris http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/comment-page-1/#comment-15500 Boris Fri, 27 Mar 2009 08:13:56 +0000 http://www.francethisway.com/wp/?p=335#comment-15500 Hi, I think it is still avoided by being paid only in dividends from a SARL, which are only subject to the usual 12% 'social contributions' (CSG etc) (plus tax of course) - or is your accountant suggesting otherwise? Hi, I think it is still avoided by being paid only in dividends from a SARL, which are only subject to the usual 12% ‘social contributions’ (CSG etc) (plus tax of course) – or is your accountant suggesting otherwise?

]]> By: davemc http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/comment-page-1/#comment-15498 davemc Thu, 26 Mar 2009 17:02:01 +0000 http://www.francethisway.com/wp/?p=335#comment-15498 PD. I spoke to my accountant who said that as a profession liberale this contribution is compulsory so the only way to avoid/reduce it is to move to a system whereby your taxable income is lower. PD. I spoke to my accountant who said that as a profession liberale this contribution is compulsory so the only way to avoid/reduce it is to move to a system whereby your taxable income is lower.

]]> By: davemc http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/comment-page-1/#comment-15497 davemc Thu, 26 Mar 2009 16:59:11 +0000 http://www.francethisway.com/wp/?p=335#comment-15497 Thanks for the reply. As far as I can tell there is little hope of getting anything back from CIPAV with less than 20 years work history and beyond that you only get a fraction because of the proration applied e.g. 50% after 30 years, 75% after 35 years. I too am now looking at alternatives lke SARL or other structures too minimise the lost investments made in the french social system. Thanks for the reply. As far as I can tell there is little hope of getting anything back from CIPAV with less than 20 years work history and beyond that you only get a fraction because of the proration applied e.g. 50% after 30 years, 75% after 35 years. I too am now looking at alternatives lke SARL or other structures too minimise the lost investments made in the french social system.

]]> By: Boris http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/comment-page-1/#comment-15491 Boris Tue, 24 Mar 2009 15:12:17 +0000 http://www.francethisway.com/wp/?p=335#comment-15491 Dave, I never got anything like a proper explanation from CIPAV, and I now operate as a SARL (limited company) and am no longer part of the dreaded CIPAV system, and assume the money I already paid them is lost forever. I'd love to hear if there is a good answer to your question! Dave, I never got anything like a proper explanation from CIPAV, and I now operate as a SARL (limited company) and am no longer part of the dreaded CIPAV system, and assume the money I already paid them is lost forever. I’d love to hear if there is a good answer to your question!

]]> By: davemc http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/comment-page-1/#comment-15490 davemc Tue, 24 Mar 2009 12:39:10 +0000 http://www.francethisway.com/wp/?p=335#comment-15490 Have just stmbled across your blog while searching for information on this exact question. Have you made any progress towards getting a definitive answer on what entitlements might be for people like us who have no chance of ever doing 160 trimestres in France before retirement but are still pouring money into the system? Failing this have you come across any advice for minimising or avoiding this apparently wasted contribution? I'm having a read thru your other blog entries and chuckling at some of the all too familiar frustrations of daily life here. Have just stmbled across your blog while searching for information on this exact question. Have you made any progress towards getting a definitive answer on what entitlements might be for people like us who have no chance of ever doing 160 trimestres in France before retirement but are still pouring money into the system?
Failing this have you come across any advice for minimising or avoiding this apparently wasted contribution?
I’m having a read thru your other blog entries and chuckling at some of the all too familiar frustrations of daily life here.

]]> By: elisa2 http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/comment-page-1/#comment-15335 elisa2 Mon, 26 Jan 2009 09:46:11 +0000 http://www.francethisway.com/wp/?p=335#comment-15335 My husband has been like you paying CIPAV and thought he will not get any benefit from it. He passed away last september 2008. Widow with a 16 years old CIPAV is giving us a pension (rente de survie) 605 euros until I reach 60 and also the same for my daughter 605 euros up to 25 years old if she continues studying. We got as well a capital deces of 71000 euros. My husband was with SICAV for 3 years and has payed on top of the pension complementaire the SICAV life insurance. He likes you thought he was not going to benefite from it. It is very true. My husband has been like you paying CIPAV and thought he will not
get any benefit from it.
He passed away last september 2008. Widow with a 16 years old CIPAV is giving us a pension (rente de survie) 605 euros until I reach 60
and also the same for my daughter 605 euros up to 25 years old if she continues studying. We got as well a capital deces of 71000 euros. My husband was with SICAV for 3 years and has payed on top of the pension complementaire the SICAV life insurance. He likes you thought he was not going to benefite from it. It is very true.

]]> By: Boris http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/comment-page-1/#comment-15299 Boris Sun, 04 Jan 2009 14:32:54 +0000 http://www.francethisway.com/wp/?p=335#comment-15299 Bob, I'm all for solidarity and for everyone paying into a communal pension, the problem is that it looks like I will not have a future entitlement to 'retraite complementaire' if I pay in for less than 20 years (according to the CIPAV documentation - they have failed to respond to my question). In my opinion both 'solidarity' and 'pension contributions' are a two-way thing - I pay now to help out current pensioners, on the clear understanding that someone else will do the same for me in due course - if they won't, then I need to invest my own money now to pepare for my own future. That was the reason for the complaining! Cheers Bob, I’m all for solidarity and for everyone paying into a communal pension, the problem is that it looks like I will not have a future entitlement to ‘retraite complementaire’ if I pay in for less than 20 years (according to the CIPAV documentation – they have failed to respond to my question).
In my opinion both ‘solidarity’ and ‘pension contributions’ are a two-way thing – I pay now to help out current pensioners, on the clear understanding that someone else will do the same for me in due course – if they won’t, then I need to invest my own money now to pepare for my own future. That was the reason for the complaining!
Cheers

]]> By: Bob http://www.francethisway.com/wp/regime-de-retraite-complementaire/2008/11/comment-page-1/#comment-15298 Bob Sun, 04 Jan 2009 02:24:23 +0000 http://www.francethisway.com/wp/?p=335#comment-15298 Well think a different way. You are paying Retraite because french people have a commun big pot (caisse) they use for their national pension. Every body working have to pay. It doesn't matter if you start late. This is named solidarité to each other. So you are participating to that and this is really a big part of being french. Congratulation. Regarding the retraite complementaire you will get some points for it and you should be able to get back some momey from it based on the price of the point when you will be in age to retire. Enjoy Bob Well think a different way. You are paying Retraite because french people have a commun big pot (caisse) they use for their national pension. Every body working have to pay. It doesn’t matter if you start late.
This is named solidarité to each other. So you are participating to that and this is really a big part of being french. Congratulation.

Regarding the retraite complementaire you will get some points for it and you should be able to get back some momey from it based on the price of the point when you will be in age to retire.

Enjoy

Bob

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