French law on state pensions
Millions took to the streets to protest against the French government's proposals to reform the pension system and the gradual increase in retirement age from 60 to 62 and full retirement age from 65 to 67 between today ' hui and 2018. The two houses of parliament have adopted the main provisions of the bill on pension reform in reason to follow suit shortly in the Senate. A final vote is scheduled for late October to overturn the bill.
Under the current rules, both men and women in France can retire at 60 years, if they have paid social security contributions, although not entitled to a full pension until they are 65 if the new rules will be accepted, this will increase the retirement age to 62 years 2018, and the retirement age is 67, says that the government saves € 70 billion.
Full board is calculated as follows:
- Taking the average of 25 years pays more in his career (due to inflation).
- Your pension is 50% of that amount if you have a roof top with the annual Social Security (€ 34,620 in 2010). Therefore, the maximum pension is 50% of this knowledge € 17,310 per year.
- If you do not complete a full pension, so you have the option to purchase is more trimestres which can be expensive, or you can take a reduced pension that is proportional to the amount of taxes you paid trimestres, so if you have had your 123 trimestres pension would be 75% of what a pension entitlement would have been complete.
22 million individuals or couples have either invested lump sum or regular savings in life insurance contracts, and neither the French capital gains tax or income tax applies, while agents remain within of politics. Even when an amount is withdrawn as the element of growth is taxable. Gains may be "social costs" of 12.1% when they are taken down, plus tax on a sliding scale depending on how long the policy was in force:
- 35% for a policy that is less than 4 years
- 15% for policies between 4 and 8, and
- 7.5% of all policies over 8 years.
After 8 years, there is a free annual tax allowance of € 4,600 (single) or € 9200 (couple) of gains.
useful links
http://www.justlanded.com/english/France/Articles/Jobs
http://www.justlanded.com/english/France/Jobs
http://graduate-jobs-in-france.com/
http://graduate-jobs-in-france.com/pages/france-inside-jobs-employment.php