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Pensions Reserve Fund (France)
The French Pension Reserve Fund (french: Fonds de Réserve pour les Retraites, FRR) is a public entity created by law n°2001-624 dated 17 July 2001. Its mission is to invest monies entrusted to it by the public authorities on behalf of the community with the aim of financing the pension system. Its investment policy is to optimize returns on the investments it makes as prudently as possible. Its policy must be consistent with those collective values that are designed to promote balanced economic, social and environmental development. Assets under management As of December 2016 the FRR's assets are 36 billion Euros. History At its creation the target was to build a reserve fund of 150 billion Euro by 2020. The funds were to come from 4 sources: * Surpluses of certain social security funds (Fonds de solidarité vieillesse) * Privatization resources * Mobile phone licences * Stock market transaction tax After initially receiving funds from the FSV and 1.2 billion from the privatiza ...
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Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ...
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Investments
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect o ...
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Autoroutes Du Sud De La France
Autoroute may refer to the following: * Controlled-access highway, particularly in French-speaking countries * Routing (electronic design automation), when routes to wires in a design are automatically assigned * Microsoft AutoRoute, European name for Microsoft Streets & Trips, which helps plan trips by automobile See also * Autoroutes of France * Autoroutes of Quebec * Autoroutes of Morocco Morocco's network of motorways is administered by the state-owned company Autoroutes du Maroc (ADM). It runs the network on a pay-per-use basis, with toll stations placed along its length. The general speed limit is 120 km/h. History The f ...
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Caisse Nationale D'Assurance Viellesse
Caisse, a French word, may refer to: *Caisse Desjardins, an association of credit unions in Quebec *Caisse d'Epargne-Illes Balears, a road-bicycle racing team * Caisse de dépôt et placement du Québec, a public pension fund in Quebec *Caisse nationale suisse d'assurance en cas d'accidents, a Swiss insurer *Caisse de Stabilisation des Prix du Coton, a Chadian government agency *Mouvement des caisses populaires acadiennes, a credit union in the Canadian province of New Brunswick See also *Caïssa, a neoclassical goddess of chess *Kaissa, a chess program developed in the Soviet Union in the 1960s *Kaïssa Kaïssa is a Cameroon born world musician. She moved to Paris with her family at thirteen and to New York City in 1996. Kaissa worked on stage and/or in studio with Salif Keita, Manu Dibango, Kofi Olomide, Papa Wemba, Cesária Évora, Martha Wa ..., a Cameroon born world musician. * Caisson (other) {{disambig ...
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Caisse Nationale D'Assurance Vieillesse
Caisse, a French word, may refer to: *Caisse Desjardins, an association of credit unions in Quebec *Caisse d'Epargne-Illes Balears, a road-bicycle racing team * Caisse de dépôt et placement du Québec, a public pension fund in Quebec *Caisse nationale suisse d'assurance en cas d'accidents, a Swiss insurer *Caisse de Stabilisation des Prix du Coton, a Chadian government agency *Mouvement des caisses populaires acadiennes, a credit union in the Canadian province of New Brunswick See also *Caïssa, a neoclassical goddess of chess *Kaissa, a chess program developed in the Soviet Union in the 1960s *Kaïssa Kaïssa is a Cameroon born world musician. She moved to Paris with her family at thirteen and to New York City in 1996. Kaissa worked on stage and/or in studio with Salif Keita, Manu Dibango, Kofi Olomide, Papa Wemba, Cesária Évora, Martha Wa ..., a Cameroon born world musician. * Caisson (other) {{disambig ...
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Caisse D’Amortissement De La Dette Sociale
Caisse, a French word, may refer to: *Caisse Desjardins, an association of credit unions in Quebec *Caisse d'Epargne-Illes Balears, a road-bicycle racing team * Caisse de dépôt et placement du Québec, a public pension fund in Quebec *Caisse nationale suisse d'assurance en cas d'accidents, a Swiss insurer *Caisse de Stabilisation des Prix du Coton, a Chadian government agency *Mouvement des caisses populaires acadiennes, a credit union in the Canadian province of New Brunswick See also *Caïssa, a neoclassical goddess of chess *Kaissa, a chess program developed in the Soviet Union in the 1960s *Kaïssa Kaïssa is a Cameroon born world musician. She moved to Paris with her family at thirteen and to New York City in 1996. Kaissa worked on stage and/or in studio with Salif Keita, Manu Dibango, Kofi Olomide, Papa Wemba, Cesária Évora, Martha Wa ..., a Cameroon born world musician. * Caisson (other) {{disambig ...
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Executive Board
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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Supervisory Board
In corporate governance, a governance board also known as council of delegates are chosen by the stockholders of a company to promote their interests through the governance of the company and to hire and fire the board of directors. In civil service, a supervisory board or regulatory board is often a legislatively independent body with authority over other non-governmental boards (i.e. boards embedded within and run by industry bodies), such as found in some systems of regulated marketing, especially in the agricultural sector. The scope of supervision is to supervise other supervisory bodies. Industry boards are typically oriented toward their own stakeholders, while the second-instance supervision takes a broader view of all stakeholders, including the public interest. Corporate governance varies between countries, especially regarding the board system. There are countries that have a one-tier board system (like the U.S.) and there are others that have a two-tier board sys ...
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Alain Vasselle
Alain Vasselle (born 27 June 1947) is a former member of the Senate of France, representing the Oise department. He is a member of the Union for a Popular Movement The Union for a Popular Movement (french: link=no, Union pour un mouvement populaire, ; UMP, ) was a centre-right List of political parties in France, political party in France that was one of the two major party, major contemporary political pa .... ReferencesPage on the Senate website 1947 births Living people Union for a Popular Movement politicians French Senators of the Fifth Republic Senators of Oise Place of birth missing (living people) 20th-century French farmers 21st-century French farmers {{France-politician-UMP-stub ...
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Caisse Des Dépôts
Caisse, a French word, may refer to: *Caisse Desjardins, an association of credit unions in Quebec *Caisse d'Epargne-Illes Balears, a road-bicycle racing team *Caisse de dépôt et placement du Québec, a public pension fund in Quebec *Caisse nationale suisse d'assurance en cas d'accidents, a Swiss insurer *Caisse de Stabilisation des Prix du Coton, a Chadian government agency *Mouvement des caisses populaires acadiennes, a credit union in the Canadian province of New Brunswick See also *Caïssa, a neoclassical goddess of chess *Kaissa, a chess program developed in the Soviet Union in the 1960s *Kaïssa, a Cameroon born world musician. *Caisson (other) Caisson (French for "box") may refer to: * Caisson (Asian architecture), a spider web ceiling * Caisson (engineering), a sealed underwater structure * Caisson (lock gate), a gate for a dock or lock, constructed as a floating caisson * Caisson (p ...
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Pensions In France
Pensions in France fall into five major divisions; * Non-contributory minimum pension *Mandatory state pension provision (first pillar) *Mandatory occupational pension provision (second pillar) *Voluntary private collective pension provision (third pillar) *Voluntary private individual pension provision (third pillar). Non-contributory minimum pension This minimum pension (''Allocation de Solidarité aux Personnes Agées'' in French) is the first level of the first pillar of the French pension system. The ASPA is a monthly benefit paid to low-income seniors, whether or not they are former employees. It is not a retirement pension: it is financed by the State, not by social contributions. It is a "social minimum", like the RSA (revenu de solidarité active). Since January 1, 2006, it has replaced the multiple components of the minimum old-age pension or the '' "Minimum vieillesse" '' in french. This pension is paid by the CNAV, the Caisse Nationale d'Assurance Vieillesse, th ...
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