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France

France

France to reform its pension system

The French government recently introduced legislation aiming to reform the country’s pension system by gradually increasing the minimum retirement age from 62 to 64, as well as the number of years of insured employment needed to be eligible for a full pension from 42 to 43 years.  

To speed the passage of the controversial reform, the French government used its constitutional power to bypass the parliament vote. The reform is expected to enter into effect once its compliance with the French constitution is confirmed by May 2023.

France

France introduces gender equality requirements

The French government passed a new law amending several existing gender equality laws. Law 2021-1774, known as the “Rixain” law, intensifies gender equality reporting obligations specifically for senior executives (cadres dirigeants) and board members in large corporations with more than […]

France

France allows midyear health insurance carrier changes

The French government recently passed legislation allowing employers to terminate mandatory supplemental health insurance plans at any time after the initial 12-month period with one month’s notice. The new law, called “Résiliation Infra-Annuelle” or “RIA,” was introduced on 14 July […]

France

France introduces paid caregiver leave

The French government added a government-funded allowance to the existing caregiver leave provisions. The new allowance was included in the Social Security Finance Law for 2020 and entered into effect on 1 October 2020. Key details Caregiver leave was introduced […]

France

France implements major labor law reform

On 22 May 2019, the French government passed new legislation knows as the “Pacte law” for business growth and transformation. The new law aims to unlock the growth of small and medium-sized enterprises and to encourage pension savings and investments […]

France

France amends the healthcare system

During the 2019 budget vote, the French government passed a healthcare bill called “100 percent santé,” which provides full reimbursement through social security and supplementary health insurance for dental prostheses, optical devices and hearing aids. These changes will enter into […]

France

France merges private sector supplementary pension plans

On 1 January 2019, the General Association of Retirement Institutions for Executives (AGIRC) and the Association of Supplemental Pension Plans for Employees (ARRCO) merged into a single unified program called “AGRIC-ARRCO.” The unified mandatory supplementary plan is now managed by […]

France

France to implement pay-as-you-earn income tax withholding

After some delay, the French government will require employers to withhold income tax from employees’ earnings on a pay-as-you-earn basis starting 1 January 2019. This will be a significant change for both employers and employees, as income tax is currently […]