IPREF (Retraite additionnelle): Who Qualifies and What You Get
Learn how the IPREF supplementary retirement plan works for public school teachers in France and how it differs from mandatory schemes.
IPREF is a supplementary retirement savings plan designed specifically for civil servants.
Who it's for
This scheme is available to public school teachers who are already contributing to the standard civil service pension scheme.
What you get
By participating, you build an additional layer of retirement savings on top of your primary pension. This extra savings plan is intended to supplement your standard retirement income.
What it costs you
This is a voluntary scheme, meaning you choose whether to participate. If you do, the cost comes in the form of monthly contributions that are deducted directly from your salary.
The catch to know
It is very easy to confuse this plan with the RAFP (Retraite Additionnelle de la Fonction Publique). While they both relate to additional retirement, the RAFP is a mandatory scheme, whereas IPREF is a voluntary one.
How to apply
- Confirm your eligibility through your current pension status.
- Decide on the contribution amount you wish to set aside monthly.
- Follow the administrative steps provided by your employer or pension office to set up the deductions.
- Monitor your savings through your official professional account.