US EditionCommission Eyes Measures to Boost Supplementary Pensions
10 Articles
10 Articles
The European Commission wants to give an impetus to supplementary pension schemes, be they business or personal, in order to complete public retirement pensions, by recommending that States report on the coverage of their systems and automatically include workers in voluntary pension schemes. The idea is not to replace state pensions, but to supplement benefits that "in many cases could not be sufficient to maintain adequate living standards, es…
The European Commission adopted on Thursday, 20 November a package of measures to help citizens obtain adequate pension income by improving access to better and more effective supplementary pensions.The proposed actions aim at completing, not replacing, public pensions based on pension systems in all Member States.
The total amount of interventions with those of 2026 rises to 5.94 billion euros, of which 1.76 billion euros is the TIF package.
The European Commission is determined to promote private pension schemes, and to do so especially among young Europeans.
A living dead. That is today the Pan-European Individual Pension Product (PEPP), a voluntary and complementary saving mechanism for proposed retirement...
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