Machine Translation of "Decree No. 2003-129 Of 12 February 2003 Amending Decree No. 70-104 Of 30 January 1970 Modalities Of Application Of Annui..." (France)

Decree No. 2003-129 Of 12 February 2003 Amending Decree No. 70-104 Of 30 January 1970 Modalities Of Application Of Annuities Increases

Original Language Title: Décret n° 2003-129 du 12 février 2003 modifiant le décret n° 70-104 du 30 janvier 1970 relatif aux modalités d'application des majorations de rentes viagères

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Summary

The legal increases in lifetime annuities arise from several texts adopted at the end of the 1940s, in particular Law 49-1098 of 2 August 1949 for the revision of certain lifetime retirement annuities Of insurance, by the national pension fund for old age or by individuals subject to the alienation of capital in kind. These increases are paid by the insurance companies, the mutual insurance funds or the LWOP to their beneficiaries, the State reimbursing them all or part of these payments, depending on the nature of the pension and the date of subscription of the Contract. Thus, for contracts prior to 1 January 1977, 97 % of the annuities paid by the LWOP and by the mutual insurance funds and 80 % of the annuities paid by the insurance companies are the responsibility of the State. For contracts after 1 January 1977, 10 % of the amounts paid shall be reimbursed by the State. Finally, 100 % of the pension increases paid to the old combat are reimbursed by the State. Under the terms of s. 34 of Decree 70-104 referred to above, these payments are made in the form of payments made on 28 February, regularized on 30 June, on the basis of credentials certified by the Minister responsible for the economy for insurance companies and by the Minister Responsible for mutuality for the mutual insurance funds. This payment in two stages, down payment and regularisation, is a source of frequent errors for insurance and management complexity bodies for administration. In addition, payment of the deposit occurs frequently after February 28, due to delays in the transmission of the supporting documents. For these reasons, the purpose of this Decree is to simplify the refund procedure, which would be carried out only once on 30 June of each year, on supporting documents, all otherwise unchanged. It is therefore a measure of administrative simplification. Amendment of Art. 34 (al. 1) of the aforementioned decree. Effective 1 January 2003.

Keywords

ECONOMY , FINANCE , PENSION , RETIREMENT , ANNUITY , INSURANCE COMPANY , MARKUP , LEGALE MARKUP , NATIONAL CASH OFFICE , CNP , MUTUAL FUND CREDIT UNION , FUNDING , INSURANCE COMPANY

JORF No. 42 of 19 February 2003 Page 2973
Text No. 21

DECRET
Decree n ° 2003-129 of 12 February 2003 amending Decree No. 70-104 of 30 January 1970 on the procedure for the application of the majority of life annuities

NOR: ECOT0291180D ELI: http://www.legifrance.gouv.fr/eli/decret/2003/2/12/ECOT0291180D/jo/texte
Alias: http://www.legifrance.gouv.fr/eli/decret/2003/2/12/2003-129/jo/texte

The Prime Minister,
On the report of the Minister of Social Affairs, Labour and Solidarity, the Minister of Defence, the Minister of Economy, Finance and The industry, the Minister of Health, the Family and the Disabled and the Minister Delegate to the Budget and Budget Reform,
In the light of Law No. 48-777 of 4 May 1948 on the increase of life annuities of the State, together the texts which Changed it;
In view of Law No. 48-957 of 9 June 1948 on the increase of lifetime retirement pensions for the benefit of the veterans to the autonomous mutual funds, together with the texts which amended it;
In the light of Law No. 49-1098 of the 2 August 1949 revising certain life annuities constituted by the insurance companies, by the National Pension Fund for old age or by individuals, subject to the alienation of cash in cash, together the texts Which amended it, and in particular Decree No. 57-1356 of 30 December 1957;
In the light of Act No. 51-695 of 24 May 1951 concerning the increase of certain life annuities and pensions, together with the texts which amended it, and in particular Decree No. 57-1356 of the 30 December 1957;
In view of Decree No. 70-104 of 30 January 1970 laying down detailed rules for the application of the lifetime retirement savings of the National Provident Fund, the mutual insurance funds and insurance companies, together with the As amended, and in particular Decree No. 88-1211 of 30 December 1988,
Décrète:

Item 1 Read more about this Article ...

In the first paragraph of Article 34 of the Decree of 30 January 1970, the words: In the form of payments on 28 February and regularized " Are deleted.

This Order comes into force on January 1, 2003.

Item 3 Learn more about this Article ...

The Minister of Social Affairs, Labour and Solidarity, the Minister of Defence, the Minister of Economy, Finance and Industry, the Minister of Health, Family and People The Minister responsible for the budget and budgetary reform and the Secretary of State for Veterans Affairs are responsible for the implementation of this Decree, which will be published in the Official Gazette of the Republic. French.

Done at Paris, February 12, 2003.

Jean-Pierre Raffarin

By the Prime Minister:

The Minister of Economy,

Finance and Industry,

Francis Mer

The Minister of Social Affairs,

of Work and Solidarity,

François Fillon

The Minister of Defence,

Michèle Alliot-Marie

Le Minister of Health, Family

and People with Disabilities,

Jean-François Mattei

Minister Delegate to Budget

and Budget Reform,

Alain Lambert

The Secretary of State for Elders Combatants,

Hamlaoui Mékachera

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