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Cross-Border Portability of Pension Rights: An Important Condition for an Integrated Market for Pension Provision. CEPS Task Force Reports No. 45, 1 April 2003

Mortensen, Jorgen. (2003) Cross-Border Portability of Pension Rights: An Important Condition for an Integrated Market for Pension Provision. CEPS Task Force Reports No. 45, 1 April 2003. UNSPECIFIED.

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    Abstract

    Incompatibility of pension schemes in the different EU member states is major headache for human resource managers across Europe. The lack of pension portability is a source of additional costs for European enterprises, and mobile employees face a bewildering web of pension rights. Removing obstacles to pension portability within the EU should not only reduce these costs, but support labour mobility and increase revenues from occupational pension schemes through greater competition. Ultimately, it fosters the possibility of a pan-European pension fund for all staff members. This report looks at ways to increase flexibility in the provision of pension services, the role of taxation, and regulatory issues. It examines the position of the European Commission and community jurisprudence in this area, along with the framework for surveillance. Among the recommendations put forward, it suggests that member states agree, through a procedure of open consultation, on ‘best practice’ guidelines for vesting and adjusting pension claims.

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    Item Type: Other
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > tax policy
    EU policies and themes > Policies & related activities > social policy > welfare state
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Task Force Reports
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 02 Sep 2009
    Page Range: p. 52
    Last Modified: 06 Apr 2012 11:45
    URI: http://aei.pitt.edu/id/eprint/9547

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