Employee Benefits in France

Group Health, Group Term Life and Pension schemes

France has a specific and dense regulations and rules, special programs and labor agreements when it comes to Social Protection and Employee Benefits. Globally, the French Social Security system is made of 5 branches:

  1. Health insurance = Assurance Maladie
  2.  Family = Allocations Familiales
  3. Retirement (pension) = Assurance Retraite
  4. Occupational injuries and & Illnesses = Accident du Travail et Maladies Professionnelles
  5. Long Term Care insurance (Old-Age Ins.) = Dépendance

Employees and Companies contribute directly to fund the respective schemes. In addition, Companies complete the national Health and Retirement schemes in term of benefits with Complementary benefits to Executive and Non-Executive workers.

In terms of minimum benefits and funding structures, Complementary schemes follow Global and Sector level rules (or at company level for the biggest ones).
Here are the three compulsory – or at least recommended – corporate Employee Benefits companies need to provide:

  1.  Group Health (Complémentaire Santé): Complementing the national Health insurance scheme
  2. Group Life (Prévoyance) : Group Term Life including Death or Permanent Incapacity benefits and complementing the Health scheme too
  3. Pension (Retraite Complémentaire): Completing the national Retirement scheme
Employee benefits France

Employee Benefits in France

Download full article in PDF format
Share

Keep on reading

construction insurance
Construction

Construction Insurance in France

The French system was designed to provide the principal with effective protection against major damage that can occur or come to light in the decade that follows completion of the building.
Read more
Actualités

La fraude en entreprise

Parmi les différents risques auxquels les entreprises sont aujourd’hui exposées, on retrouve en tête de peloton la  « délinquance astucieuse »
Read more
gareat france
News

French GAREAT insurance pool

What is GAREAT ? France provides some of the broadest Non-Life insurance cover for Terrorism of any country.
Read more