This fund, managed by the company, planned in the agreement signed by the chemistry social partners (see our dispatch No. 080311), aims at setting up an internal fund dedicated to the tools, measures and plans, both existing and to come, allowing the sector's companies to prepare for demographic ageing, for retirement age going from 65 up to 67, and for companies' need of skilled workers. This dispatch details the way this fund operates. (Ref. 080359)
In practice, this fund allows older workers
to work longer with the similar productivity rate as younger employees. Consequently,
it will strengthen the financing of measures to improve working conditions and part-time retirement, while offering the employees concerned the
possibility to get decent pensions. It will be managed by the company and the
money will be jointly granted by the management and the works council. Annual payments
– €300 per employee – will start in 2010. Afterwards, they w
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