Progress on supplementary pensions directive

Europe

Workers who move to another EU country may soon benefit from new rules to protect their supplementary pension rights. The European Parliament and member state negotiators reached agreement on 26 November after deadlock in the European Council for six years. State pension rights are already secured under EU law. However, equivalent protection for supplementary pension schemes, i.e. occupational pensions financed or co-financed by employers, has not been established until now. Under the new rules, the "vesting period", i.e. the period of active membership of a scheme needed for a person to keep supplementary pension entitlements, must not exceed three years.
Read more at > European Parliament (EN and FR)