Employment & Labor

#2010-458Decree Establishing a Retirement Equivalent Allowance for Unemployed Individuals

🇫🇷France··Other·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

This law introduces a Retirement Equivalent Allowance for unemployed individuals in France for the year 2010. It provides financial support to those who qualify for full pension rights but are not yet of retirement age, subject to certain income thresholds. Applicants are exempt from job-seeking requirements and must submit their claim by the end of December 2010.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Introduces financial support for unemployed with pension rights
  • Exempts beneficiaries from job-seeking requirements
  • Sets end-of-year deadline for applications

Obligations

What this law requires

medium

Beneficiaries must requalify annually for the allowance by demonstrating they continue to meet all eligibility criteria including contribution requirements and income thresholds

Beneficiaries of Retirement Equivalent Allowance
reporting
high

Unemployed individuals must demonstrate they have completed the required contribution period to old-age insurance (as defined in article L. 351-1 of the social security code) that was required as of December 31, 2009 for full retirement pension eligibility, validated in mandatory basic old-age insurance schemes, before age 60 and between January 1, 2010 and December 31, 2010

Applicants for Retirement Equivalent Allowance
operational
high

Applicants must ensure their resources and those of their spouse/partner do not exceed income thresholds: 48 times the daily allowance amount for single persons or 69 times that amount for couples, calculated as the twelfth of total resources from the 12 months preceding the application date

Applicants for Retirement Equivalent Allowance
operational
high

Applicants must submit their claim for the Retirement Equivalent Allowance no later than December 31, 2010

Applicants for Retirement Equivalent Allowance
reporting
medium

Applicants must declare resources as they should be reported to tax authorities for income tax calculation purposes, including resources earned outside French territory, with specific exclusions for family allowances and housing allowances

Applicants for Retirement Equivalent Allowance
disclosure

Affected Parties

Unemployed individuals with pension rightsAdministrators at Pôle emploi

Tags

retirement,unemployment,allowance