French Insurance Code
In forceFor all operations governed by this chapter, the policyholder is required to inform the member each year of:
1° The amount of the premium or contribution paid for membership during the year ;
2° The acquisition values of the annuity unit corresponding to the member's situation during the past year;
3° The total amount of vested rights expressed as a number of annuity units;
4° The service value of the annuity unit, the age to which it corresponds and how it has changed since the previous year, as well as the excess and discount coefficients corresponding to a deferred or early liquidation in relation to the reference age;
5° The main technical and financial details of the agreement, in particular those enabling members to assess the financial situation of the agreement to which they have subscribed;
6° For operations where the benefits are linked to the cessation of professional activity, the amount of the transfer value;
7° Where the agreement provides for a reduction in the number of annuity units in the event of cessation of payment of premiums or contributions, the conditions of this reduction and the resulting number of annuity units;
8° Where the agreement provides for the possibility of reducing the service value of the annuity unit and of conversion, the conditions and procedures for implementing these possibilities.
