Proposal for a Council Regulation adjusting, from 1 July 2012, the rate of contribution to the pension scheme of officials and other servants of the European Union

+ Grounds for and objectives of the proposal
On the basis of a proposal from the Commission, the Council has to decide each year on the adjustment of the rate of contribution to the pension scheme effective from 1 July.

+ General context
Under Article 83a(4) of the Staff Regulations, the Commission has to present to the Council each year an updated version of the five-yearly actuarial assessment, in accordance with Annex XII to the Staff Regulations.

Under Article 13 of Annex XII to the Staff Regulations, Eurostat has submitted the report on this assessment, which determines the rate of contribution required to maintain actuarial balance of the pension scheme.

+ Existing provisions in the area of the proposal
A proposal is to be presented each year for adjusting the rate of contribution to the pension scheme.

EUR-Lex: COM(2012)755: Follow the progress of this document through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2012:755:FIN

ESO: Background information: Proposal for a Council Regulation adjusting with effect from 1 July 2012 the remuneration and pension of the officials and other servants of the European Union and the correction coefficients applied thereto http://www.europeansources.info/record/proposal-for-a-council-regulation-adjusting-with-effect-from-1-july-2012-the-remuneration-and-pension-of-the-officials-and-other-servants-of-the-european-union-and-the-correction-coefficients-applied/

European Commission: SWD(2012)426: Report on the 2012 update of the 2008 actuarial assessment of the Pension Scheme for European Officials (PSEO) http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=SWD:2012:0426:FIN:EN:PDF

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