During your professional career, it is not uncommon to face periods of emptiness, times during which you do not contribute to the general social security system. To remedy this situation, a redemption of these contributions is possible, under certain conditions. The redemption of quarters is thus used to validate periods during which you were unable to contribute. Depending on the nature of the period redeemed, the deadline for filing your redemption request varies. Explanations.
Whether in the context of a salaried activity in France or abroad, you have the possibility of buying back quarters. You can choose to make your purchase for the rate or the duration of the insurance. Your purchase can therefore increase the rate of calculation of your retirement. In the case of the duration of insurance, it increases the rate and the number of quarters taken into account for the calculation of your retirement. However, it should be noted that the years redeemed are not taken into account in the calculation of the average annual salary. For example, as part of a purchase of years of higher education, you can buy back up to 12 terms.
The amount of your buyback depends on several things. It is set according to your professional income subject to contributions for the last twelve months of activity. It also varies according to the option you choose, but also your age. It is possible to pay your redemption in cash or by installment payments. At the same time, it is possible to buy back overdue contributions that have not yet been paid by your employer. In this way, you can increase your insurance period. Discover, in our slideshow, the seven conditions to be met to redeem contributions.
