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Commentary

3.11 Save as you earn plans

France

Company savings plans 'Plan d'épargne d'entreprise' (PEE), also known as 'Participation', allow employees to save to buy shares in the company or save cash. The provision of such savings plans is compulsory for companies with 50+ employees, and new employees must be given payroll savings information detailing the arrangements, as part of the employee on-boarding process.

The plans must give access to all employees financially resident in France, with at least three months service and must not be run as salary sacrifice arrangements. Investments must be at least EUR 15 and not exceed EUR 150,000, with provision for

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Web page updated on 17 Mar 2025 16:05