How to prepare for retirement?


A career with several professional statuses: how to prepare for retirement?

It is not unusual to have several statuses during your professional career, i.e. from employee to self-employed worker, freelancer, civil servant, etc. The accumulation of these statuses must obviously be taken into account when preparing for retirement because it implies that you have paid contributions to various pension plans and funds. It is not always easy to navigate these situations and know what your rights will be after you retire.

Fortunately, Info pension, which stands for the organization that gathers all organizations of mandatory, basic and supplementary pensions, makes it possible workers with multiple pensions, that is, who paid contributions to different pension programs depending on their professional statusget all the useful information in order to prepare as well as possible for your pension, and above all to request the liquidation of your rights in this area thanks to a unique approach.

What are the different pension plans that one can rely on depending on one's professional status?

If the French pension system is based on generational solidarity, that is, working people pay pensions to those who have left the world of work because they have reached retirement age, depending on the jobs they performed during their professional careers, it is possible to depend successively on different pension plans.

So there is, for example, the general retirement system that applies to employees in the private sector, the agricultural social mutual insurance system (MSA) for people working in this sector, the self-employed social security system for self-employed workers who depend on this that before 2018 . called the social regime for the self-employed (RSI), which today is part of the general pension regime or even special pension regimes (employees of the Banque de France, SNCF, Comédie-French, electricity and gas companies, state and local officials, civil servants and notary employees , sailors, etc.).

As for the basic pension plans, here are the main ones that can be depended on or accumulated, depending on the professional status(es) during the working life:

  • THE employees of the general system, which include employees, etc., as well as self-employed activities, as of January 1, 2020, are connected to the National Old Age Insurance Fund (CNAV), the basic pension fund with the largest number of insured persons. The employed and unemployed in agriculture depend on the Mutualité sociale agricole (MSA);
  • THE public officials they depend on 3 organizations that manage their basic and supplementary pension plans. These are the State Pension Service (SRE) for civil servants, judges and the military, the National Pension Fund for Local Employees (CNRACL) for civil servants, territorial and hospital public services, and the Special Pension Fund for Workers in State Industrial Enterprises (FSPOEIE), special a pension scheme which, as its name suggests, applies to workers in state-owned industrial enterprises;
  • THE independent workersdepending on the status, they depend either for craftsmen and tradesmen on the social scheme for the self-employed (RSI), which was integrated into the general social security scheme at the end of 2019, or on 2 different pension organizations for liberal professions, i.e. the National Fund for the French Bar Associations (CBNF) ) for lawyers and the National Fund for Old Age Insurance of Free Professions (CNAVPL) which brings together ten different professional departments (CRN for notaries, CARMF for doctors, etc.). ) ;
  • THE employees who depend on special programs such as those of the SNCF, RATP, the electricity and gas industry, the Paris Opera, the Comédie-Française, etc. depend on specific pension funds that manage their pensions.

What kind of retirement when you have contributed to several plans due to different professional statuses?

Taking into account the different pension systems in which it is possible to be included during the working life depending on the professional status you perform, the amount of the pension, basic and supplementary, does not depend only on the length of insurance. up to one or more pension plans and the amount of compensation he received during his professional career.

Your pension also depends on the pension funds you were connected to, that is, the different pension plans you may have been connected to during your working life.

Generally speaking, the various basic pension plans work on a quarterly or annuity basis that accumulates depending on the length of time paid into those plans.

For their part, supplementary pension plans are based on a system of points that are acquired through a professional career in proportion to income and that determine the amount of the accumulated pension at the time of retirement.

How do you practically prepare for retirement when you have several professional statuses?

In particular, if during your professional career you had different statuses (employee, self-employed, special pension plan, etc.), when you liquidate your pension rights, you receive your pension from each of the funds in which you were a member.

To find out which pension schemes you have contributed to during your working life, Union Retraite, a public interest group (GIP) that brings together all statutory, basic and supplementary pension organisations, makes available on its website Retirement Info, a personalized tool that allows for anyone preparing for retirement to quickly find a list of the plans they're attached to, as well as their contact information.

All you have to do is enter your birth name and social security number on this page to get these results.

With this information at hand, and still going to the Info-retraite page, you can even then create a personalized brochure that mentions information about your pension rights according to your professional experience and your personal situation, which is intended to guide you step by step step when you claim your pension.

Today, the simplest way, especially for future retirees who paid into different pensions during their working life due to different professional statuses, is to apply for a pension online.

This approach allows you to submit a single pension application that applies to all pension plans together, basic and supplementary, using a pre-filled form with known information about your professional life. FYI, you must submit this request at least 6 months before your desired retirement date.

On the other hand, if you have had several professional statuses during your career and have decided to submit your pension application via a paper form that you will send by post, the procedure is a bit more complicated for you.

You actually have to do several things separately: on the one hand, apply for a pension for your activities that fall under the general program for employees and self-employed workers and for those who fall under the agricultural or religious program, and 'on the other hand apply for each of your other basic and additional pension plans.

In order to best prepare for your retirement and be able to submit a single pension claim that takes into account all the different pension plans you may have contributed to, you must create your personal retirement account on the Info-retraite website.

In this secure and personalized space, you can find all the useful information to apply for the liquidation of your pension rights when the time comes, such as:

  • your career statement which you can print out and which you can also request to be corrected from age 55 if necessary;
  • contact details of your various pension funds;
  • a personalized brochure created by you that informs you about your pension rights based on your professional experience and your personal situation.

In your personal pension account, you also have useful tools at your disposal, such as a simulator that allows you to estimate the amount of your pension based on your retirement age.

You can even access an information service that gives you the chance to find out if you benefit from a pension savings contract if at any point in your career you or one of your employers made optional contributions to one or more supplementary pension management organisations.

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