Commission Proposal on Pension Fund Directive

11 October 2000



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The commission proposal is concerned with institutions operating occupational pension schemes. These are private schemes, usually seen as supplementing statutory social security schemes. It is essential to preserve a clear distinction between statutory social security and private/supplementary schemes. The main provisions of the proposed directive relate to the following areas:
  • application to institutions operating social security schemes;
  • operational application to institutions covered by Directive 79/267/EEC;
  • small pension schemes and statutory schemes;
  • conditions of operation;
  • disclosure of information;
  • technical provisions;
  • investment rules;
  • cross-border activites.

    See also press release

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