Pensions/retirement, Pay settlements, Europe

The USF trade union reports that staff in European institutions, bodies and agencies (with the exception of the European Central Bank) will get a net 4.5% increase in salaries, pensions, and social allowances backdated to 1 July 2022. This is on top of the 2.4% increase applied earlier this year, giving a total net increase of 7%. This is the result of a formula that has been applied since the early 1980s, following industrial action by USF both then and later to defend the formula. The salaries (and later also pensions) of staff have kept pace with the development in the purchasing power of

Staff in European institutions, bodies and agencies will get a net 2.4 % increase in salaries, pensions, and social allowances backdated to 1 January 2022. This is the result of a formula that has been applied since the early 1980s, when EPSU affiliate, Union Syndicale Fédérale carried out successful industrial action, also defending the gains later through further industrial action. The salaries (and later also pensions) of staff have kept pace with the development in the purchasing power of civil servants working in the national governments of the Member States. This increase reflects the

Staff in European institutions, bodies and agencies will get a net 1.9% increase in salaries, pensions, and social allowances backdated to 1 July 2021. This is the result of a formula that has been applied since the early 1980s, when the EPSU member organisation, Union Syndicale Fédérale carried out successful industrial action, also defending the gains later through further industrial action. The salaries (and later also pensions) of staff have kept pace with the development in the purchasing power of civil servants working in the national governments of the Member States. In 2020, this

This newsletter aims to report on the latest news about public service collective bargaining. Articles are stored on the EPSU website and can be searched by country and theme here. However, it is going to be particularly important to follow the latest developments as EPSU affiliates negotiate on pay in the light of the COVID-19 pandemic. EPSU has therefore put together a country-by-country overview that gives the state of play of bargaining in each country. It will be updated at least once a month and information on more countries and sectors will be added. The link to the article is below but

Around 50000 European public service officials and other workers employed by the European institutions and agencies are getting a 2% pay increase backdated to 1 July 2019. This is the result of the application of a pay formula obtained following lengthy strike action organised by EPSU affiliate Union Syndicale Fédérale in the 1980s and 90s and incorporated in the Staff Regulations since 2004. The formula guarantees that the purchasing power of these workers develops in line with inflation and the pay of officials in the central governments of the 28 member states with 1.5% due to inflation in

Employees of the Organisation for Economic Co-operation and Development (OECD) and a number of other international bodies, including NATO and the Council of Europe, joined a protest in Paris on 2 July in opposition to threats to change pension arrangements. The Member Countries of the Coordination System are calling for changes to the CPS pension scheme that was closed 17 years ago. This could involve raising the age of pension entitlement; adjusting pensions to inflation and not to salaries; and removing entitlement to the education allowance for pensioners. The OECD staff association and

A survey of European wage developments by the Hans Böckler research organisation finds an upward trend since 2017, with the highest increases recorded in Central and Eastern Europe (CEE). Overall real wage increases across Europe averaged 0.9% in 2018, twice the level of 2017 and the figure so far for the current year is at 1.0%. The median increase in the 11 countries of North and West Europe was 0.6% in 2018, rising to 1.1% so far this year, contrasting with the higher figures for CEE countries of 5.2% in 2018 and 3.7% in 2019. The six countries in Southern Europe registered lower increases

The latest labour cost figures published by the Eurostat agency show that the highest increases were recorded in Eastern Europe but where average costs remain the lowest across the European Union. There were double-digit increases in Romania, Latvia and Lithuania with Hungary not far behind at just under 10%. Average hourly labour costs in Europe range from 5.40 in Bulgaria to 43.5 in Denmark with the average at 27.4 in the European Union and 30.6 in the Eurozone. The data excludes agriculture and public administration.

A new report from the Committee on Workers' Capital reveals the obscure way in which many fund managers charge costs to pension funds. It makes suggestions and provides guidance on how these costs can be made public and how this contributes to better pension fund performance and ultimately to higher pay-outs.

The European Trade Union Confederation (ETUC) says that the proposals for Pan-European Personal Pensions (PEPP) should include stronger protection for workers' savings. The ETUC welcomed some improvements voted through by the European Parliament related to regulation and preferential treatment of schemes with good governance. However, it underlined that initiatives like PEPP should not be used to undermine collective and publicly-provided pension schemes which need to be maintained and strengthened.

Despite improved economic growth, real wage increases across Europe are averaging only 0.4% this year compared to 1.5% last year, according to the latest report from the trade union linked WSI research organisation. In several countries - Austria, Greece, Portugal and France - there is virtually no change in real wages while six countries - Cyprus, Spain, Italy, Finland, Belgium and the UK - are looking at a fall in real wages. The WSI points out that calls for an increase in pay to boost economic demand are even coming from the European Commission and European Central Bank. These are

The European Commission has published its annual review of Employment and Social Developments which has a focus on intergenerational issues. The review notes the slow decline in unemployment but underlines that there remain major problems in some countries around youth unemployment while young workers in employment are more likely to face precarious employment conditions. At the other end of the age spectrum the Commission continues to focus on trends to higher effective retirement ages and the need, as it sees it, to increase retirement ages.

The latest annual collective bargaining survey from the Eurofound industrial relations agency found that Slovakia and the Czech Republic recorded the highest collectively negotiated real and nominal pay rises in 2016. The article also examines public sector developments in several countries, including Croatia, Bulgaria, Cyprus, Romania, Slovenia, Czech Republic, Lithuania and Luxembourg.

The ETUC has published a newsletter providing an overview of its Pay Rise campaign so far - covering specific initiatives on women and young workers as well as the focus on public sector workers on Public Services Day - 23rd June. The next main event in the campaign will be a conference in Bratislava on 22 September which will focus on corporate greed and the pay gap between workers in Eastern and Western Europe.

(May 2017) The revised labour code has been a major issue of debate in Lithuania for the last three years. The ETUI research organisation has just published a an update on this and other labour market, industral relations and pensions developments in the country. This is part of the ETUI's Reform Watch website covering all EU Member States.