The PERCO: A Beneficial Savings Solution

Operation

The Collective Retirement Savings Plan, or PERCO, is a savings mechanism implemented within the company to enable employees to build additional retirement income. Introduced before the Pacte Law of 2019, it is part of a continuum of retirement savings plans now grouped under the PER.

Accessible to all employees, this plan includes various contributions: profit-sharing, incentives, voluntary contributions, or transfers from a PEE (Company Savings Plan). The employer can also contribute through matching, thus reinforcing the employees' savings effort.

This mechanism operates within a specific regulatory framework defined by law, ensuring its safety and transparency for participants.

A strategy tailored to profiles and objectives

One of the main advantages of the PERCO lies in its management options. By default, funds are invested through controlled management that gradually adjusts the level of risk as the retirement deadline approaches. This approach helps secure accumulated gains while optimizing long-term performance.

Employees can also choose free management. This option allows them to select their own investment vehicles from various funds offered. This flexibility enables each person to tailor their strategy according to their personal situation and goals.

Favorable Taxation

The PERCO benefits from an attractive tax framework. When deposited into the plan, amounts from profit-sharing and incentives are exempt from income tax (excluding social contributions). Similarly, the company’s matching contributions are not taxable within certain limits.

Upon withdrawal, beneficiaries can choose between a lump sum or an annuity. The tax treatment applied depends on the chosen withdrawal method, but it remains generally advantageous compared to other savings products.

Early Withdrawal

Although the PERCO is intended for retirement, regulations allow for several cases of early release to address exceptional situations. These include:

- The disability of the employee, their spouse, or their children,
- the death of the holder or their spouse,
- a situation of over-indebtedness,
- the acquisition of a primary residence,
- or certain circumstances involving the termination of the employment contract.

These options provide some flexibility to the plan by allowing for the mobilization of savings in case of urgent need.

A Strategic Tool for Businesses

A scalable and transferable solution

The PERCO also offers significant mobility. In the event of changing companies, employees can transfer their savings to another compatible plan. This portability ensures the continuity of retirement rights acquisition, regardless of their career path.

With the changes introduced by the Pacte law, former PERCOs can also be transformed into new retirement savings plans.

Support from Malakoff Humanis

Establishing and managing a PERCO requires specific expertise in both regulatory and financial aspects.

As a mutualist and jointly-managed social protection group, Malakoff Humanis supports companies in implementing employee savings solutions tailored to their challenges. Its approach is based on advice, education, and personalized support, enabling companies to offer a relevant scheme in compliance with their obligations.

A System Serving the Future

Thanks to its flexibility and tax benefits, the PERCO allows employees to build a solid savings throughout their career.

For companies, it serves as a strategic tool to attract, motivate, and retain talent.

Contenu conçu et proposé par Brisbane Media. La rédaction n'a pas participé à la réalisation de cet article.