The article addresses both France-based employees who are members of non-France-based retirement plans and non-France-based employees who are members of France-based retirement plans.
This Practice Note provides an overview of the retirement plan (also known as pension scheme) issues of internationally mobile employees that have a retirement plan connection with France. It considers key tax points, retirement plan-related social security and labour law provisions and other relevant considerations including the treatment of retirement plan benefits on the insolvency or winding-up of a sponsoring employer and applicable fiduciary duty laws that apply to plan administrators.
