CAISSE DE RETRAITE DE L’OPÉRA DE PARIS
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Among the social security regimes, one of the oldest is the artists of the Opera set up by Louis XIV in 1698. In 1714, a first regulation specified the artists'pension rights. In 1856, a lifetime Opera pension fund was created to take into account the specificities of the professions held within the Opera and to give the insured special rights in the area of retirement. Justified by the specificities of the professions exercised, the special pension scheme has gradually become one of the elements of the staff Regulations of the Opéra. The payments of insured persons are supplemented by funds allocated by the State. These founding elements still persist.
The special regime, maintained among special social security schemes, operates according to the principles of distribution and solidarity: intergenerational between assets and retirees of the Opera and through an annual grant paid by the State.
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