#PRMX2433664ADecree of December 19, 2024 Approving the Unemployment Insurance Convention
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This law, approved by the French government, establishes a new framework for unemployment insurance negotiations aimed at achieving full employment in France by 2027. It outlines specific goals to improve the sustainability and effectiveness of the unemployment insurance system while addressing issues like job security and the accessibility of unemployment benefits. The decree calls for collaboration among social partners to formulate rules that encourage longer employment contracts and support individuals returning to work, especially vulnerable groups such as seniors and recent inmates.
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Key Changes
- New framework established for unemployment insurance negotiations
- Specific goals set for the sustainability and effectiveness of the unemployment insurance system
- Collaboration among social partners to address job security and accessibility of unemployment benefits
Obligations
What this law requires
Social partners must establish rules for unemployment insurance that ensure the sustainability of the insurance model by significantly reducing debt
Social partners must determine the calculation method for daily reference salary to avoid creating incentives for contract fragmentation beyond the current regime specified by the July 26, 2019 decree
Social partners must establish a minimum employment duration requirement to open unemployment benefit eligibility that provides sufficient employment incentives
Social partners must implement modulation of unemployment insurance contribution rates (upward or downward) to incentivize employers to extend work contract and temporary assignment durations
Social partners must adopt provisions to correct differential incentives for returning to work based on compensation levels, accounting for actual employment recovery capacities