Retirement provision of the director
A manager’s pension is a system that allows managers to purchase insurance to protect themselves against health-related risks, such as illness, disability, or death. It is set up to protect managers and their relatives in the event of unforeseen events and to provide them with a social security cover that complements that offered by the social security system.
In general, the manager’s foresight is taken care of for all the company’s managers. The guarantees offered vary according to the contract but often include coverage in case of work stoppage, invalidity, death, incapacity or dependency. Managers can benefit from these guarantees without having to carry out medical formalities or pay additional contributions.
The manager’s foresight has several advantages for business leaders. Firstly, it allows them to benefit from social security cover that is complementary to that offered by social security, which can help them cope with the financial consequences of an accident or illness. Moreover, it can also contribute to a greater sense of security and serenity among leaders.
From a business perspective, the manager’s foresight can also be beneficial. Indeed, it can help to strengthen its leaders’ social safety nets, which can improve their wellbeing and effectiveness. It can also increase executive satisfaction and loyalty to the business.
In short, a manager’s pension is a system that enables business leaders to purchase insurance to protect themselves against health-related risks, such as illness, disability, or death. It offers a complementary social security coverage to that offered by social security and has advantages for managers and the company.