Not everyone always remembers accumulating money in this account.
The transition from work to retirement is always a delicate moment. Main reason: the tedious administrative procedures to be carried out. Between the papers to find and those to complete, filling out your file is a long process that is better to anticipate. Financially, it is also a new stage in life since income drops mechanically, by around a third, even if this can obviously vary depending on career. Focused on their papers and their new budget, future retirees often forget to look at an account that they have funded throughout their professional career and that they lose once they leave the working world.
As soon as anyone begins to carry out a professional activity, they automatically benefit from an account into which money is paid every year. Not by the employee, but by the company. The latter grants 500 euros each year to each of its employees. A sum which comes in addition to the salary and any bonuses and/or profit-sharing. Thus, at the end of his career, a nice nest egg may have been accumulated, even if it cannot exceed 5,000 euros. If many of the 700,000 new annual retirees do not always think about closing this account, it is because the money it contains cannot simply be withdrawn to be invested.
This is in fact the Personal Training Account. As soon as you work, you acquire rights to be able to train alongside your professional activity. Want to have new skills, change paths or even get your license: you can do this by completely or considerably lowering the grade thanks to this system. But be careful to take training before the deadline.
In fact, all people who retire at full rate, without reduction, or who have reached the legal retirement age can no longer use these funds. The reason is very clear: “You no longer have the possibility of mobilizing your rights because you no longer have a professional project and you no longer need to adapt to the job market”, explains the Caisse des Dépôts, an organization responsible for managing the CPF.
The State therefore considers that these training rights should only be used in the context of salaried activity. For example, exit people who, for example, wish to train during their retirement to take on voluntary responsibilities in an association. You must therefore anticipate and train before officially retiring.