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Deadline to convert your DIF rights on your CPF account
The deadline for transferring DIF rights has been extended
The Individual Right to Training (Droit Individuel à la Formation - DIF) is a system that enables employees to take part in ongoing training initiatives. It was replaced in January 2015 by the Personal Training Account (Compte Personnel de Formation - CPF). The CPF remains active throughout the beneficiary's career until retirement.
Since 1 January 2019, the CPF has been monetised: training hours, whether they come from the DIF or the CPF, are converted into euros. However, as far as DIF hours are concerned, the registration of hours is not automatic. It is up to each individual to declare its balance of hours on its CPF account.
The deadline for transferring DIF hours to the CPF account has been extended. It is now set at June 30th, 2021.
On 24 October 2020, the deputies adopted an amendment to the bill extending the state of health emergency that postpones the date by which individuals must transfer their DIF rights in order to retain their benefit. Currently, barely a quarter of the French population has already made this transfer.
What to do if you have not yet declared your DIF hours on your CPF account?
If you want to convert or strengthen your career path, do not lose your training rights! To transfer your DIF rights on your CPF, you have until June 30th, 2021 to manually transfer your hours acquired with the DIF. Learn more about this conversion by clicking here and here. These infographics will give you more information on how to transfer your DIF balance with complete peace of mind.
In addition, did you know that you can use your CPF to take a training certified by a TOEIC test? To learn more about the TOEIC tests and the CPF, click here.