Retirement funds are essential organizations that cover the old-age part of Social Security. While they are essential for pensions to be paid, they also allow retirees to call on prevention services or home help, if the situation requires it. How to know your pension fund?

Pension funds operate as a network, under the supervision of the national fund. They respond to a pay-as-you-go system as opposed to capitalization or provisioning. This system is thus used by distributing between the different recipients of a year “n” the contributions paid by the contributors during this same year. A board of directors manages the pension fund and establishes the policy of the pension plan in order to preserve its financial balance. Social Security, for its part, is responsible for defining the role of pension funds.

Pension funds vary according to your status and your socio-professional category. If you are an employee, civil servant, trader or even if you exercise a liberal profession, you do not depend on the same system. The National Pension Insurance Fund concerns all employees in the private sector, while the MSA is concerned with employees and operators in the agricultural sector. Finally, for the public sector, one of the main pension funds is the CNRACL. If you do not know what your pension fund is, do not hesitate to contact the last fund to which you were affiliated.