European Economic and Social Committee 60d ago

#EESC #Pensions #SupplementaryPensions #PEPP #IORP The EESC opinion examines the European Commission’s supplementary pensions package, including proposed changes to the Pan-European Personal Pension Product and to the rules for workplace pension funds. The opinion stresses that supplementary pensions can support retirement income, but must remain complementary to public pension systems and must not weaken them. The EESC calls for: • A balanced approach that strengthens both public and supplementary pension systems • Better access, clearer information and stronger safeguards for savers • Stronger involvement of social partners in pension reforms • Measures to reduce inequalities, including gender gaps in supplementary pensions • A careful balance between long-term investment, returns and the protection of people’s savings • Financial education, user-friendly tracking tools and access to guidance and advice The opinion also recommends setting up a European monitoring system involving public authorities, social partners and civil society organisations to assess the impact of reforms on retirement income, inequality and poverty. Read more: https://www.eesc.europa.eu/en/news-media/press-releases/supplementary-pensions-should-support-not-replace-public-systems Opinion: https://www.eesc.europa.eu/en/our-work/opinions-information-reports/opinions/supplementary-pensions-package-pepp-and-iorp #Retirement #PublicPensions #SocialPartners #FinancialEducation #GenderEquality #FinancialMarkets #EU #EconomicPolicy