Timeline
Timeline of the main pension insurance laws and events
06.05.1911 | Creation of pension insurance for manual workers by the “Etablissment d’assurance contre la vieillesse et l’invalidité” - EAVI | |
17.12.1925 | Incorporation of the various branches of social security in the form of the Social Insurance Code | |
29.01.1931 | Creation of the “Caisse de pension des employés privés” – CPEP | |
10.04.1951 | Adjustment of private-sector workers' and employees' pensions to the price index | |
21.05.1951 | Creation of the “Caisse de pension des artisans” | |
03.09.1956 | Creation of the “Caisse de pension dans le régime agricole” - CPA | |
22.01.1960 | Creation of a “Caisse de pension pour les commerçants et industriels” | |
16.12.1963 | Aggregation of periods between different pension schemes | |
13.05.1964 | Introduction of the principle of pension adjustment in the salaried employees' scheme | |
25.10.1968 | Relaxation of the conditions for granting invalidity and survival pensions and improvement of benefits in the event of invalidity or premature death by introducing special increases. | |
28.07.1969 | Creation of the possibility of retroactive purchase of insurance periods | |
27.12.1975 | Introduction of a system of compensation between contributory pension schemes | |
23.12.1976 | Merger of the “Caisse de pension des artisans” and the “Caisse de pension des commerçants et industriels” into a single fund – CPACI | |
23.05.1984 | Complete overhaul of funding arrangements by introducing a generalised pooling of risk, achieved by transfers of compensation between the four funds | |
27.07.1987 | Creation of a single contributory pension insurance scheme by merging the four contributory pension schemes, while maintaining the autonomy of the funds Introduction of the "baby years" concept | |
24.04.1991 | Structural increase in fixed and proportional increases; introduction of the right to an early old-age pension at age 57 | |
28.06.2002 | The "Rentendësch" conclusions mainly led to an improvement in fixed and proportional increases, the introduction of an end-of-year allowance, the extension of the baby years and the introduction of an education lump sum | |
06.05.2004 | Creation of the Compensation Fund (FDC) to which the management of the compensation reserve has been entrusted through one or more collective investment undertakings | |
13.05.2008 | Introduction of the single status with the replacement of the four pension funds of the general pension scheme EAVI, CPEP, CPACI and CPA by the CNAP | |
21.12.2012 | The reform of pension insurance, which came into effect on 01.01.2013, mainly changed the rules for calculating pensions, combining an early old-age or invalidity pension with income and the dynamic adjustment of pensions. |
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