On the 30th of October 2015, the social partners agreed on the retirement system update.
This agreement includes an increase of the AGFF contribution for the executive officers.
This contribution is of 2,00% of the gross salary up to 1 social security sealing. And of 2,20% of the gross salary from 1 to 4 social security sealing. There is no contribution on the gross salary exceeding 4 social security sealing.
It is expected that on the 1st of January 2016 the gross salary from 4 to 8 social security sealing will also be subject to the AGFF contribution at a rate of 2,20%.
This agreement also includes the merge of the retirement system (ARRCO and AGIRC) as of January 2019.
This agreement is yet to be signed.
The split of the AGFF contribution is: 40% employee / 60% employer.
The annual social security sealing for 2015 is of 38 040€ (3 170€ per month)
Find out more on the social contributions in our database accessible on our site for registered members.