Four years after its launch, the Retirement Savings Plan is approaching 100 billion euros in assets and 10 million holders. Are you one of them? Find out how your outstanding PER compares to others.
PER for retirement savings plan. Launched on October 1, 2019, the product has found its place in the financial heritage of the French. The wealthiest among them, who benefit in the short term from a substantial tax advantage while building up a retirement supplement.
On September 30, four years to the day after this launch, the number of holders approached 10 million (9.8 million exactly), according to figures communicated today by the Minister of the Economy. The distribution between the three types of PER is fairly balanced. 3.49 million savers have opened, on their initiative, a Individual PER (PERin). 3.290 million hold a compulsory company PER and 3.083 million hold a collective company PER.
On the outstanding side, it reached 95.4 billion euros all types of PER combined, including 55.2 billion for PERin alone. Collection remains dynamic: 22.4 billion euros in net collection between September 2022 and September 2023, including 10.2 billion for the individual PER alone. Over the period, 3.33 million additional accounts were opened, including 624,680 PERin. This growth does not only result from transfers of old products: a little less than one in two individual PER corresponds to the creation of a new contract and is not the result of a transfer, specifies Bercy.
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Nearly 16,000 euros per PERin
Are you one of the nearly 10 million French people with a PER? The figures revealed by Bercy allow you to compare your savings effort with that of others. Thus, the average outstanding amount of an individual PER as of September 30, 2023 was 15817 eurostriple a mandatory PER (5,593 euros) and more than double a collective PER (7,069 euros).
| In progress (in billions) | Holders (in M) | Average outstanding by holder (in ) | |
|---|---|---|---|
| All types of PER | 95.4 | 9,863 | 9673 |
| Individual PER | 55.2 | 3,490 | 15817 |
| Mandatory PER | 18.4 | 3,290 | 5593 |
| Collective PER | 21.8 | 3,084 | 7069 |
Figures as of September 30, 2023
For comparison, the average outstanding amount, at the end of 2022, of a life insurance contract was 31,900 euros, and 19,420 euros for general public contracts distributed by retail banks alone.
Comparison of the best individual PERs