French pension

[johnycarper]

We have been here for 10 years and running a business so paid taxes over here also for our English company pension,I just wondered if anyone has any idea,

a.roughly is the french pension worth chasing when we reach 65.

b.is there anyway we can see what its worth.

We will be returning for good to the uk early next year.

Thanks

[Quillan]

There is no 'state pension' as such in France. If you joined the correct 'chambers' for your profession then you would have paid into a scheme recognised by them. These schemes are run by the companies that typically run the mutuals as well so it won't be a lump payment but a specific payment to a specific source. Every year you will receive a statement showing how much you have put in and what your entitlement will be when you retire at the pre determined age because the age of retirement varies depending on what you do for a living. In short if you ain't had a statement then you have nothing. You can buy the way buy up to 7 years worth of UK state pension stamps if you are short on your existing stamps under the new UK state pension scheme and it ain't much either.

[parsnips]

[quote user="johnycarper"]We have been here for 10 years and running a business so paid taxes over here also for our English company pension,I just wondered if anyone has any idea,

a.roughly is the french pension worth chasing when we reach 65.

b.is there anyway we can see what its worth.

We will be returning for good to the uk early next year.

Thanks[/quote]

Hi,

    I would think it would be worth applying for it when you get to  retirement age; if you give details to the UK pensions office you will be paid a combined pension by the UK  ;

Here is a Calculator issued by the government ;

http://www.marel.fr/

[johnycarper]

Thanks for the replies and you have answered my question Quillan as although we paid into the rsi we never obviously paid into a pension as never received a statement.Just have to wait for my uk state pension to kick in as that's fully paid up.

[idun]

The state never sent us a statement only the complementaire ever did.

http://www.la-retraite-en-clair.fr/cid3190813/retraite-auto-entrepreneurs.html

Does this help JC???

[johnycarper]

Thanks idun that seems to be what we may get will sit and try and understand it,don't think it will be much after only 9 years.

[Quillan]

[quote user="idun"]The state never sent us a statement only the complementaire ever did.

http://www.la-retraite-en-clair.fr/cid3190813/retraite-auto-entrepreneurs.html

Does this help JC???

[/quote]

 

This have changed and continue to change Idun. Bit like computers, turn you back for a minute and there is a new one or something changes.

 

Only valid if you were registered as an Auto Entrepreneur. If you were a Micro BIC or any other form of 'reel' then that link woud not be applicable.

[NormanH]

parsnips has already provided the link to the simulation:

http://www.marel.fr/

As you will see it deals with:

"Travailleur indépendant'

and allows you to calculate:

	Le montant de votre pension à cette date selon les différentes hypothèses d' évolution de vos revenus
	Les incidences si vous partez plus tôt ou plus tard

Basically there are two different things to consider.

1) Eligibility

This is calculated taking into account the total number of years you have paid into pension schemes UK and France combined

2) How much you get

I am pretty sure that you will be eligible for both a French 'complimentaire' pension and a UK one, but you need to  try the simulation to get an idea of how much.

I have three (tiny) French pensions, one from each 'branch' I worked in, plus an OAP from the UK which in my case is full since I paid 32 years worth of contributions and when I got to 65 the qualifying numner was 30.  I think that has changed.

[AnOther]

The rules dictate that you apply for your pension in the country in which you last contributed to a social security system.

The UK pension application form asks the question of where you last worked so it's not necessarily a matter of choice.

[idun]

That is not quite right AnOther.

We moved back to the UK and had to apply for the french pension via the UK pension service initially. When it comes time to apply for the UK pension, then I am sure that it will be applied for directly in the UK.

[johnycarper]

Thanks for the replies and not sure what we have paid will result in much of a pension here in France but I have a full uk pension paid for in another two years,I have a cousin who worked in France for 20 years and she gets her pension added to the uk one.

[NormanH]

Yes my UK pension is independent of the French ones  despite the 'rules'.

I applied for them first in France and there was no communication between the countries, then a bit later I applied for the OAP direct to the UK.

This is not how it is supposed to work, but it is how in fact it did.