SOCIAL SYSTEM OF PENSIONS – PRESENT AND PERSPECTIVES
SOCIAL SYSTEM OF PENSIONS – PRESENT AND PERSPECTIVES

Summary/Abstract: In accordance with the Treaty on European Union, pensions are the responsibility of Member States. However, in this policy area, European Member States share common concerns and challenges: an aging population, public finance sustainability, compatibility and modernization of pension systems. Thus the EU has been particularly active in the pension industry by establishing a legislative framework for occupational pension providers. Directive institutions for occupational retirement provisions (IDPO), adopted in 2003, provides an opportunity to establish pan-European institutions for occupational retirement provision, allowing the basic pension institutions in a country offering their services in different EU countries.

• Details
• Contents