Single 30% employer contribution on termination-by-agreement and compulsory retirement payments

Article 4 of the 2023 amending social security financing law rewrites Article L. 137-12 of the Social Security Code: an employer contribution at a 30% rate, paid to the national old-age insurance fund, applies to the part exempt from contributions of payments made upon compulsory retirement or individual termination by mutual agreement, including when the employee is entitled to a pension. It replaces the 20% 'forfait social' on termination-by-agreement payments and the 50% contribution on compulsory retirement payments. It applies to terminations from 1 September 2023.