Occupational pensions:'Second pillar' provision in the EU policy context

10-07-2013

An ageing population and the effects of the crisis have strained the sustainability of public pension schemes in the EU. To ensure an adequate income, many future retirees will rely on occupational pension schemes linked to employment relationships. Free movement of workers in the EU means that workers should preserve rights in occupational pensions when they move to another Member State. As well, EU-wide companies need efficient ways to provide pensions to workers in different Member States. The European Commission has proposed, or will propose, improvements in both areas.

An ageing population and the effects of the crisis have strained the sustainability of public pension schemes in the EU. To ensure an adequate income, many future retirees will rely on occupational pension schemes linked to employment relationships. Free movement of workers in the EU means that workers should preserve rights in occupational pensions when they move to another Member State. As well, EU-wide companies need efficient ways to provide pensions to workers in different Member States. The European Commission has proposed, or will propose, improvements in both areas.