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Image header Agence Europe
Europe Daily Bulletin No. 9519
Contents Publication in full By article 34 / 42
GENERAL NEWS / (eu) eu/social

Pension proposal on track to improve workers' mobility

Brussels, 09/10/2007 (Agence Europe) - On Tuesday, the European Commission adopted a “proposal to reduce obstacles to workers' mobility through improved access and better preservation of supplementary pension rights”. It amends the October 2005 proposal aimed at improving the portability of supplementary pension rights (see EUROPE 9053) and takes on the majority of the European Parliament's amendments from June this year (see EUROPE 9450). It focuses on the setting of minimum requirements for better access to pension rights, clearer rights of preservation so mobile workers' pensions are treated fairly, and improved access to useful and timely information. The provisions concerning the transfer of pension rights do not appear in the proposal. These will be reviewed by the Commission in the first of the reports that it is due to present five years after the directive takes effect. The next stages are for now for the Portuguese EU Presidency to reach unanimity in Council on the proposal and then for the EP to reach an agreement at second reading. (gb)

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
SUPPLEMENT