Press Release: Under a new European Commission Directive, European citizens can from now on move jobs and country without losing work pension benefits

The European Commission on 20 October 2005 presented a proposal for a 'Portability of pensions' Directive. If adopted, this Directive would mean that workers switching jobs or countries would no longer face substantial loss of work pension benefits. At present, changing job or country can mean losing occupational pension benefits in some Member States.

• Primary Source

European Commission: DG Employment and Social Affairs: Social Protection: Pensions http://ec.europa.eu/comm/employment_social/social_protection/pensions_en.htm

European Commission: SCADplus: Social Protection: Safeguarding supplementary pension rights http://europa.eu/scadplus/leg/en/cha/c10520.htm

European Commission: Memo: MEMO/05/384, Portability of pensions, 20.10.05 http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/05/384&format=HTML&aged=0&language=EN&guiLanguage=en

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