Common Contracts

1 similar Pension Agreement contracts

The October 2015 agreement on France's complementary pension schemes for private-sector employees (AGIRC and ARRCO) will improve the pension system balance by 0.3 points of GDP from 2020 to 2060
Pension Agreement • November 15th, 2016

 France has two points-based pay-as-you-go compulsory complementary pension schemes for private-sector employees: AGIRC covers managerial and executive staff (cadres), and ARRCO covers non-executives (non-cadres). The schemes were established in the second half of the twentieth century and are managed directly by the social partners (trade unions and employer organisations).

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