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Unlock my employees savings

You can already withdraw your available employees savings

Refund

When you retire, you can withdraw your assets

You can totally withdraw your assets as a lump sum or as an annuity with the retirement refund form (167KB, PDF) or on your personal secure account, for a partial withdraw only through your personal secure account.

Do you need to unlock your employees savings before the end of the period of unavailability?

The refund form excluding retirement (202KB, PDF)

Your employee savings, available to you at the end of a minimum five-year period (PEE / profit-sharing bonuses) or when you retire (PERCO / PER d'Entreprise Collectif) or when you reach the legal retirement age (PER d'Entreprise Collectif), may under certain circumstances be unlocked before that time in the cases listed below.


Marriage or PACS

DEADLINE
6 MONTHS

PEE 

PERCO 

PERE-CO 

Trigger events:

  • Marriage of the account holder
  • Conclusion of a French civil partnership agreement (“PACS”) by the account holder

Main conditions:

  • Marriage: civil marriage
  • PACS: transcript of PACS registration in the civil registrar

Deadline for submitting documentation:

  • 6 months

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)

Supporting documentation - Marriage:

  • Extract from the marriage certificate as per the family record book

Supporting documentation - PACS:

  • Extract from the birth certificate issued by the registrar with reference to the declaration of civil partnership (“PACS”)

Exclusions:

  • Religious marriage
  • Common law marriage
  • Polygamous marriage
Birth or adoption

DEADLINE
6 MONTHS

PEE 

PERCO 

PERE-CO 

Trigger events:

Birth or arrival in the household of a child in view of adoption when the household already includes at least two dependent children.

Main conditions:

The account holder's household must have effective and permanent custody, as per the French legislation applicable to family allowance benefits, for at least three children.

Deadline for submitting documentation:

6 months

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)

Supporting documentation, depending on your situation:

  • Birth: family record book
  • Simple adoption: family record book with reference to the adoption
  • Full adoption - Fostering with a view to adoption: family record book, and statement from the Child welfare services (“Aide sociale à l'enfance”) confirming the transfer of the child to the foster family
  • In all cases, when not all of the couple's children are under-age: statement issued by the Family Allowances Fund (“CAF”) certifying that the account holder's household includes a minimum of three dependent children, including the child born/adopted within the last 6 months

Exclusions:

  • Child placed under the guardianship of the account holder
Domestic abuse

DEADLINE
NONE

PEE 

PERCO 

PERE-CO 

Trigger events:

Violences committed against the account holder by his spouse, unmarried partner or PACS partner (or his ex-spouse, - unmarried partner or -PACS partner).

Main conditions:

The start of civil or criminal court proceedings in favor of the account holder.

Deadline for submitting documentation:

At any time

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)

Supporting documentation, depending on your situation:

Protection order from the family court judge.

or
Restraining order:
Decision by the public prosecutor to prohibit the perpetrator from residing and/or appearing at the home of the account holder, or decision by the public prosecutor to prohibit the perpetrator from appearing in specified areas in which the account holder resides.

or
Penal composition
Notification by the public prosecutor of a compensation proposal to the account-holder in the context of a penal composition procedure, or notification by the public prosecutor of the execution of the penal composition by the perpetrator, or notification of the approval of the penal composition by order of the criminal court.

or
Opening of a judicial investigation at  the request of the public prosecutor:
Notification by the investigating judge of the opening of a judicial investigation.

or
Placement under judicial examination of the perpetrator:
Notification by the investigating judge of the placement under judicial examination of the perpetrator.

or
Criminal court filing by the public prosecutor or the investigating judge:
Notice to the victim of the date of the hearing, or, order referring the case to the court by the investigating judge at the conclusion of a judicial investigation.

or
Criminal-court verdict against the perpetrator:
Conviction judgement by the criminal court, or order approving a proposed sentence by the criminal court.

Exclusions:

  • Direct summons to appear in court issued by the account holder.
  • Complaint with civil party petition filing by the account holder.
Divorce, separation or dissolution of a PACS

DEADLINE
6 MONTHS

PEE 

PERCO 

PERE-CO 

Trigger events:

  • Divorce of the account holder
  • Separation of the account holder
  • Dissolution of the French civil partnership (“PACS”) of the account holder

Main conditions:

A court order / divorce by mutual consent agreement must stipulate that the usual place of residence (sole or shared) of at least one child is the home of the account holder.

Deadline for submitting documentation:

6 months

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)

Supporting documentation – Judicial divorce / Legal separation:

Final court order, and extract from the marriage certificate as per the family record book including reference to the court order

Supporting documentation – Termination of a common law marriage / Dissolution of the PACS / De facto separation:

Court order issued by the family court judge

Supporting documentation – Extra-judicial divorce by mutual consent

Divorce by mutual consent agreement, and statement of filing with the notary

Exclusions:

  • Repudiation
  • Visiting and accommodation rights
Invalidity

DEADLINE
NONE

PEE 

PERCO 

PERE-CO 

Trigger events:

Invalidity of the account holder, or of the account holder's children, spouse or PACS partner.

Main conditions:

The invalidity must have been acknowledged:

  • either by the French Social Security system and correspond to category 2 or 3 as defined in article L.341-4 of the French Social Security Code,
  • or by the French Commission for the Rights and Independence of Disabled Persons (“CDAPH”) and subject to the level of disability being equal to or more than 80% and to the invalid having no professional activity (not applicable for PER d'Entreprise Collectif)
  • PEE - PEG - PEI / profit-sharing bonuses / PER d'Entreprise Collectif : repeated withdrawals for the duration of the invalidity
  • PERCO - PERCO-I: single withdrawal.

Deadline for submitting documentation:

At any time

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)
  • PERCO - PERCO-I
  • PER d'Entreprise Collectif

Supporting documentation, depending on your situation:

  • Notification of allocation of an invalidity pension stipulating the category (2 or 3) in which the invalid has been classified by the French Social Security system,

or

  • Recent statement stipulating the invalid's level of disability (80% at least) as acknowledged by the CDAPH, and sworn statement confirming that this person is not carrying out any professional activity.
Download the sworn statement (17KB, PDF)

and

  • For the child: family record book
  • For the spouse: extract from the marriage certificate as per the family record book
  • For the PACS partner: extract from the birth certificate issued by the registrar with reference to the declaration of civil partnership (“PACS”)

Exclusions:

  • Common law marriage
  • Payment of an army pension for invalidity, unless the reasons cited have been acknowledged as civil invalidity
Death

DEADLINE
AS CASE ARISES

PEE 

PERCO 

PERE-CO 

Trigger events:

Death of the account holder, or of the account holder's spouse or PACS partner

Deadline for submitting documentation, PEE - PEG - PEI / Profit-sharing bonuses / PERCO - PERCO-I:

6 months: from the date of the account holder's death.
If the early release of the rights is not requested before the end of the 6 months period, it still remains possible. However, the tax benefits related to capital gains tax will no longer apply to any capital gains realised at the occasion of the redemption of units in the Mutual Fund (FCPE) after this period of 6 months.

At any time: death of the account holder's spouse or PACS partner.

Deadline for submitting documentation, PER d'Entreprise Collectif:

At any time: death of the account holder, or of the account holder's spouse or PACS partner.

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)
  • PERCO - PERCO-I
  • PER d'Entreprise Collectif

Supporting documentation - Death of the account holder's spouse:

Extract from the death certificate as per the family record book, and extract from the marriage certificate as per the family record book.

Supporting documentation - Death of the account holder's PACS partner:

Extract from the death certificate issued by the registrar, and extract from the birth certificate issued by the registrar with reference to the dissolution of the civil partnership (“PACS”).

Supporting documentation - Death of the account holder:

  • Payment of all funds directly to the notary: death certificate, and instructions from the notary responsible for the application of the will for funds to be paid out to his office.

or

  • Payment of all funds directly to the heirs: certificate of inheritance (“certificat d'hérédité”) issued by the town hall in the deceased's final place of residence (assets < 5.336 €), or affidavit (“acte de notoriété”) issued by the notary (assets > 5.336€), and extract from the death certificate as per the family record book, and when there are multiple adult heirs: guarantor's certificate (“certificat de porte-fort”), and when there are one or more under-age heirs: approval from the family court judge.

Exclusions:

  • Common law marriage.
  • In the presence of an under-age heir, distribution of funds by any person other than the notary or in the absence of authorisation from the family court judge.
Termination of employment contract

DEADLINE
NONE

PEE 

PERCO 

PERE-CO 

Trigger events:

  • Termination of the account holder's employment contract (dismissal, resignation, retirement, expiry of a fixed-term employment contract)
  • Expiry of the corporate mandate held by the account holder
  • Cessation of activity as individual entrepreneur by the account holder
  • Loss by the account holder of his “co-working spouse” (“conjoint collaborateur”) or “spouse partner” (“conjoint associé”) status

Main conditions:

The termination of the contractual relationship in place between the account holder and the company that employs him must have come into force.

Deadline for submitting documentation:

  • At any time

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)

Supporting documentation - Termination of the employment contract:

Certificate of employment

Supporting documentation - Corporate Officer:

Minutes of the resolutions adopted by the body responsible for the dismissal or the non-renewal of the corporate mandate, and statement issued by the company confirming that the corporate mandate was not held in parallel with an employment contract

Supporting documentation - Professionals, traders, craftsmen:

Statement of cessation of activity filed with the social security contribution collection authorities (“URSSAF”), or receipt confirming the removal from the Trade and Companies Register (“RCS”) / from the Trades Register

Supporting documentation - Co-working spouse:

Receipt confirming the removal of the indication “co-working spouse” from the Trade and Companies Register (“RCS”) / from the Trades Register

Supporting documentation – Spouse partner:

Deed of assignment of shares, and modified articles of association of the company, and extract from the marriage certificate as per the family record book or extract from the birth certificate issued by the registrar including reference to the declaration of civil partnership (“PACS”)

Exclusions:

  • Intra-group mobility.
  • Modification of the legal status of the business with transfer of the employment contract (L.1224-1 of the French Employment Code).
  • Early retirement if not leading to the termination of the employment contract.
  • Conversion of a fixed-term contract (“CDD”) into a permanent employment contract (“CDI”) further to the decision to continue the contractual relationship between the account holder and his employer.
Creation or takeover of a business

DEADLINE
6 MONTHS

PEE 

PERCO 

PERE-CO 

Trigger events:

  • Creation or takeover of a business
  • Creation of a micro sized enterprise (“micro-entreprise”)
  • Launch of a liberal profession
  • Acquisition of shares in a cooperative production company (“SCOP”)

By the account holder, or the account holder's children, spouse or PACS partner.

Main conditions:

Effective control of the company created / taken over by the account holder, or the account holder's children, spouse or PACS partner: the beneficiary holds over one half of the share capital, or performs the duties of manager and holds at least one third of the share capital.

Deadline for submitting documentation:

  • 6 months

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)

Supporting documentation, depending on your situation:

Creation

  • Commercial, industrial, crafts-based or agricultural business: receipt confirming registration in the professional register depending on the type of business, and if applicable articles of association
  • “Micro-entreprise”: INSEE receipt confirming the allocation of a single identifier for the professional activity (Siren no.), and declaration of the launch of the professional activity (Cerfa form no. 13821*04)
  • Liberal profession: receipt confirming registration with the professional governing body, the trade union or the chamber applicable to the beneficiary, and receipt confirming registration with the social security contribution collection authorities (“URSSAF”), and if applicable articles of association.
  • “SCOP”: amended articles of association including a reference to the new contribution in cash and the conferral of shareholder status.

Takeover

Receipt confirming registration of the assignment in the Trade and Companies Register (“RCS”), and amended articles of association or deed of assignment.
In all cases (creation or takeover): sworn statement confirming that all amounts released will be used to finance the transaction.

Download the sworn statement (47KB, PDF)

and

  • For the child: family record book
  • For the spouse: extract from the marriage certificate as per the family record book.
  • For the PACS partner: extract from the birth certificate issued by the registrar with reference to the declaration of civil partnership (“PACS”).

To be noted:

In member states of the European Union: translation into French of the supporting documentation issued by the European authorities.

Exclusions:

  • Common law marriage
  • Creation of a business outside of the European Union
  • Creation of a property investment company (“SCI”) or investment company
Principal residence

DEADLINE
DEPENDING ON THE SAVINGS PLAN CONCERNED

PEE 

PERCO 

PERE-CO 

Trigger events:

  • Acquisition or construction of the account holder's principal residence
  • Extension of the account holder's principal residence leading to the creation of additional habitable area (not applicable for PERCO and for PER d'Entreprise Collectif)

Main conditions:

  • The property must be occupied immediately and as the principal place of residence by the account holder himself or by his immediate family
  • The property must be purchased on the basis of full ownership
  • The early release is made for an amount equal to the personal contribution (difference between the total cost of the operation and the value of any loans obtained)

Deadline for submitting documentation:

  • 6 months for PEE, PEG, PEI, profit sharing bonuses
  • 6 months for PERCO, PERCO-I (deadline applicable to any trigger event occurring after the 7th June 2020)
  • At any time for PERCO, PERCO-I (deadline applicable to any trigger event occurring until the 7th June 2020 included)
  • At any time for PER d’Entreprise Collectif

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)
  • PERCO - PERCO-I
  • PER d’Entreprise Collectif (mandatory payments excepted)

Supporting documentation, depending on your situation:

Extension: contract for services, or estimates accepted, dated and signed showing that a deposit has been paid, or paid invoices for the purchase of building materials required for the main structure, and building permit granted or preliminary declaration of works.

Acquisition: deed of sale, or preliminary contract and sworn statement to provide the final deed of sale once signed and to refund any amounts released should the project not be completed.

To be noted: if you choose to request the pay-out with your preliminary contract, you won't be able to request a new pay-out with the deed of sale once signed as it is the same trigger event.

Construction: construction contract, or contract for services, or estimates accepted, dated and signed showing that a deposit has been paid, or paid invoices for the purchase of building materials required for the main structure, and building permit granted.

In all cases: sworn statement relating to the financing of the principal residence, or a room used as living space within the principal residence, and signed and dated financing plan showing the personal contribution (for a loan, issued by the bank - if there is no loan, drawn up by the beneficiary).

Download the sworn statement and the financing plan (identical document) (73KB, PDF)

Exclusions:

  • Acquisition : subscription for shares in a property investment company ("SCI") / gifting of the principal residence
  • Construction : purchase of a plot of land
  • Extension: attic space (pre-existing living space), veranda, garage, cellar, swimming pool
  • Renovation, repair or maintenance work
Natural disasters

DEADLINE
DEPENDING ON THE SAVINGS PLAN CONCERNED

PEE 

PERCO 

PERE-CO 

Trigger events:

Restoration of the account holder's principal residence following damage caused by a natural disaster recognised as such by ministerial decree.

Main conditions:

  • Reconstruction work (superstructure, windows, doors).
  • Pay-out made for an amount equal to the cost of the reconstruction work as indicated in the estimate or the invoices.

Deadline for submitting documentation:

  • 6 months for PEE, PEG, PEI, profit sharing bonuses
  • 6 months for PERCO, PERCO-I (deadline applicable to any trigger event occurring after the 7th June 2020)
  • At any time for PERCO, PERCO-I (deadline applicable to any trigger event occurring until the 7th June 2020 included)

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)
  • PERCO - PERCO-I

Supporting documentation:

Claim addressed to the insurance company, and the accepted, dated and signed estimate or paid invoices setting out the total cost and nature of the reconstruction work to be carried out, and the reference number of the ministerial decree declaring a natural disaster concerning the local district in which the principal residence is located, and sworn statement confirming that the property impacted by the natural disaster is the account holder's principal residence.

Download the sworn statement (6KB, PDF)

Exclusions:

  • Holiday homes or outbuildings
  • Any work other than reconstruction work
  • Area impacted by a peril but not acknowledged by a ministerial decree
Insolvency Proceedings

DEADLINE
AUCUN

PEE 

PERCO 

PERE-CO 

CCB

Trigger events:

Total assignment or judicial liquidation of the business by which the account holder is employed.

Main conditions:

The employee must hold a claim on the business.

Deadline for submitting documentation:

At any time.

Rights affected by withdrawal:

Only rights held in a Blocked Current Account (“CCB”).

Supporting documentation:

The application is sent to HSBC Epargne Entreprise either by the court-appointed administrator or the liquidator.

Exclusions:

  • Conciliation proceedings
  • Safeguarding proceedings
  • Partial assignment proceedings
  • Judicial restructuring proceedings

PER d'Entreprise Collectif

Trigger events:

  • Cessation of the non-salaried activity of the account holder following a judicial liquidation procedure
  • Conciliation proceedings introduced by the account holder to the Commercial Court

Main conditions, cessation of a non-salaried activity:

The account holder does not hold an employment contract with the business subject to judicial liquidation proceedings.

Deadline for submitting documentation:

At any time.

Rights affected by withdrawal:

PER d'Entreprise Collectif.

Supporting documentation, cessation of a non-salaried activity:

Court order commencing or pronouncing the judicial liquidation of the business, and sworn statement confirming the cessation of a non-salaried activity.

Download the sworn statement (6KB, PDF)

Supporting documentation, conciliation proceedings:

Early redemption request filed by the President of the Commercial Court, including the agreement of the account holder and specifying the amount to be released

Exclusions:

  • Safeguarding proceedings
  • Total / partial assignment proceedings
  • Judicial restructuring proceedings
Over-indebtedness

DEADLINE
NONE

PEE 

PERCO 

PERE-CO 

Trigger events:

Over-indebtedness of the account holder.

Deadline for submitting documentation:

At any time.

Rights affected by withdrawal:

  • PEE - PEG - PEI
  • Profit-sharing bonuses (CCB)
  • PERCO - PERCO-I
  • PER d'Entreprise Collectif

Supporting documentation, depending on your situation:

The request is filed with HSBC Epargne Entreprise by:

  • the account holder (applicable only for PER d'Entreprise Collectif):
    Definitive repayment plan, and information letter of the Household debt commission of the approbation of the repayment plan.

or

Board of the validated imposed measures, and information letter of the Household debt commission of the application of imposed measures.

  • the Household debt commission or the Judge:
    Early redemption request filed by the President of the Household debt commission, or issued by the judge of magistrates' court (“tribunal d'instance” or “tribunal judiciaire”), specifying the amount to be released.

Exclusions:

Personal recovery procedure.

Unemployed

DEADLINE
NONE

PEE 

PERCO 

PERE-CO 

Trigger events:

  • Expiry of the account holder's right to claim unemployment benefit
  • End of the corporate mandate held by the account holder (not applicable for PERCO)

Main conditions, end of the corporate mandate:

The account holder must:

  • not have liquidated his pension under a mandatory old-age insurance scheme, and
  • not hold an employment contract or a corporate mandate for at least two years from the non-renewal of his corporate mandate or his dismissal.

Deadline for submitting documentation:

At any time.

Rights affected by withdrawal:

  • PERCO - PERCO-I
  • PER d'Entreprise Collectif

Supporting documentation - Expiry of the right to claim unemployment benefit:

  • Statement from the French Unemployment Office (“Pôle Emploi”) specifying the date on which the right to claim unemployment benefit is to expire, and
  • Sworn statement of the expiry of the right to claim unemployment benefit

Download the sworn statement (21KB, PDF)

Supporting documentation - End of the corporate mandate:

  • Minutes of the resolutions adopted by the body responsible for the non-renewal of the corporate mandate or the dismissal, and
  • Sworn statement, by which the account holder confirms : not having liquidated his pension under a mandatory old-age insurance scheme, and not holding an employment contract or a corporate mandate for at least two years from the non-renewal of his corporate mandate or his dismissal

Download the sworn statement (21KB, PDF)

You can access detailed information sheets on unlocking your investment in your secure personal account (after entering your PIN).

Early release of your rights

The early release of your employee savings is optional. You may request a total or partial release of your rights.

In the event of a partial release:

  • your rights invested first are released first,
  • those rights not covered by your pay-out request remain subject to the unavailability regime, except in the event of the death of the account holder. In that case, all rights are released in their entirety and paid to the heirs leading to the closure of the deceased's account

Early release conditions

For a same early release case, only one pay-out is possible. All the early release cases are strictly interpreted. If one of the conditions provided for by the regulations is not fulfilled, the pay-out is not authorised.

Our call centre staff are ready to answer any questions you may have on your early release file on 0969 320 402 (variable cost depending on the operators). Only a copy of your supporting documents is required.

Learn more