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Pensions Reserve Fund (France)
The French Pension Reserve Fund (, 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 French 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 In 2009, FRR had €31.9 billion in assets under management. As of December 2016 the FRR's assets were 36 billion Euros. At the end of 2024 FRR's assets were estimated to be around €36 billion. 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 m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris
Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of cities in the European Union by population within city limits, fourth-most populous city in the European Union and the List of cities proper by population density, 30th most densely populated city in the world in 2022. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, culture, Fashion capital, fashion, and gastronomy. Because of its leading role in the French art, arts and Science and technology in France, sciences and its early adoption of extensive street lighting, Paris became known as the City of Light in the 19th century. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an official estimated population of 12,271,794 inhabitants in January 2023, or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investments
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows". When expenditures and receipts are defined in terms of money, then the net monetary receipt in a time period is termed cash flow, while money received in a series of several time periods is termed cash flow stream. In finance, the purpose of investing is to generate a return on the invested asset. The return may consist of a capital gain (profit) or loss, realised if the investment is sold, unrealised capital appreciation (or depreciation) if yet unsold. It may also consist of periodic income such as dividends, interest, or rental income. The return may also include currency gain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pensions In France
In France, pensions 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 () 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, the French social security organization that manages the basi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 The Quebec Autoroute System or le système d'autoroute au Québec is a network of freeways within the province of Quebec, Canada, operating under the same principle of controlled access as the Interstate Highway System in the United States and th ... * Autoroutes of Morocco {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caisse Nationale D'Assurance Vieillesse
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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 (engineering), a sealed underwater structure * Caisson (vehicle), a two-wheeled cart for carrying ammunition, also used in certain state and military funerals * Caisson (Asian architecture), a sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Board
A board of directors is a governing body that supervises the activities of a business, a 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 Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the chief exe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ( ; UMP ) was a Liberal conservatism, liberal-conservative List of political parties in France, political party in France, largely inspired by the Gaullism, Gaullist tradition. During its existence, the UMP was o .... ReferencesPage on the Senate website 1947 births Living people Union for a Popular Movement politicians The Republicans (France) 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of France
The economy of France is a Developed country, highly developed social market economy with notable State-owned enterprise, state participation in strategic sectors. It is the world's List of countries by GDP (nominal), seventh-largest economy by nominal GDP and the List of countries by GDP (PPP), ninth-largest economy by Purchasing Power Parity, PPP, constituting around 4% of world GDP. Due to a volatile currency exchange rate, France's GDP as measured in dollars fluctuates sharply, being smaller in 2024 than in 2008. France has a diversified economy, that is dominated by the service sector (which in 2017 represented 78.8% of its GDP), whilst the industrial sector accounted for 19.5% of its GDP and the primary sector accounted for the remaining 1.7%. In 2020, France was the largest Foreign Direct Investment recipient in Europe, and Europe's second largest spender in research and development. It was ranked among the 10 most Innovation, innovative countries in the world by the 2020 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Funds
A sovereign wealth fund (SWF), or sovereign investment fund, is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity funds or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and International Monetary Fund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
