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An official is entitled to an EU pension after at least 10 years of service (or if he reaches the age of 63). [4] EU officials normally reach retirement age at 63, but it is also possible to take early retirement with a reduced pension from the age of 55, or to work up until the age of 67 (but with no corresponding increase in pension rights).
The Pan-European Pension Product (PEPP) or like Pan-European Personal Pension Product is a proposed pension which will be available to residents of the European Union. The PEPP is designed to give the 240 million savers in the EU a better choice in the fragmented and uneven European market, where options are nearly non-existent in some member ...
Within the European Union (EU), these pension funds can vary throughout certain Member States due to differences in retirement ages in Europe, salaries and length of careers, labour and tax laws, and phases of reform. [2] This form deferred compensation can be paid out regularly each month once the employee has retired. It is both beneficial ...
Early retirement is possible as of 58 years, albeit with the pension being reduced by a fixed pension reduction coefficient per year before the pensionable age. For staff who entered service 2014 or later, the annual accrual rate is 1.8%, the pensionable age is 66 years, early retirement is possible as of 58 years with a pension reduction ...
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS), a Level-3 Committee of the European Union under the Lamfalussy process, was established in 2004 under the terms of European Commission's Decision 2004/6/EC of 5 November 2003, later repealed and replaced by Decision 2009/79/EC. It was composed of high level ...
Benefits are determined by a combination of factors: number of years worked (via contributions), and years of residency in Greece. [13] The primary pension scheme consists of two components: a contributory component and a more supplemental residency-based component. The first component of the scheme is funded entirely by pensioner's ...
The mandatory state pension is an unfunded contributory pension based on the redistribution of contributions from those working to those in retirement. The scheme aims to provide up to a maximum of 50% of the retiree's income during their 25 highest earning years up to the Plafond de la sécurité sociale (€41,136 annually in 2022).
Before data.europa.eu, the EU Open Data Portal was the point of access to public data published by the EU institutions, agencies and other bodies. On April 21, 2021 it was consolidated to the data.europa.eu portal, together with the European Data Portal: a similar initiative aimed at the EU Member States.