What are the statutory pension benefits? What do they cover?
In addition to the basic pension benefits provided by social security, there is a mandatory complementary pension system called Agirc-Arrco. These benefits are run by governmental organizations.
Agirc-Arrco provides quite generous, career-average-style pension benefits. The contribution rules set by law are identical for all employers and are proportional to salary and employee status. The contributions are paid by employers and employees via payroll to Agirc-Arrco.
Can an employer make direct contributions to an employee’s private pension?
No, Velocity Global cannot facilitate direct contributions to your supported employee’s private pension in France.