French CFE Pension Fund question

[cookmysock]

I have an engineer working for me in my team and part of his deal is that we pay funds into a French CFE account.

Problem is, the engineer did not open an account until a year after he started with us.

Question - can we make a lump sum contribution for the year that we missed? I am being told this is not possible, but just do not understand enough of the French system to knowledgeably resolve this issue.

[Claudia Skies]

I used to have some knowledge of the French system but now way out of date I'm afraid. I did, however deal with many other countries as well and the problem is common.

As the person's employer you are willing to spend "£x" towards his pension. Why not say to him, "We are willing to spend £x and you can either have it as extra pay or we will make a payment of £x into a pension arrangement of your choice. However, we do not want to get involved in working out the detail of French pensions."

Usually worked a treat in my experience.