Memo: Pensions: Commission welcomes Council agreement on pension portability to facilitate EU worker mobility

European Commissioner for Employment, Social Affairs and Inclusion László Andor has welcomed the 20 June 2013 agreement by the EU's Council of Employment, Social Policy, Health and Consumer Affairs on a general approach on the Commission's proposal for a Directive on improving the portability of supplementary pension rights.

The Directive, as it has been agreed upon in Council, requires Member States to implement minimum requirements for the acquisition and preservation of pension rights for people who go to work in another Member State. Member States remain responsible for the conditions under which people change jobs within the same country but the Commission expects that Member States will decide to apply the standards laid down by this Directive also to internal mobility.