The Commission adopted, on October 9, the amended version of the directive bill "based on enhancing worker mobility by improving the vesting and preservation of supplementary pension rights". This proposal, which now has to be sent to the EU Ministers' Council, goes over most amendments adopted by the European Parliament at its first reading (see our article No. 070551.) (Ref. 070832)
The first thing is to make the text’s title comply with the last stage of discussion, which is what this amended proposal does. Since the initial bill was expurgated from any duty to guarantee the portability of supplementary pension rights from the former employer’s system to the new – a duty that both the European Parliament and most governments in the Ministers’ Council judged premature – the new directive aims at “enhancing worker mobility by improving the vesting and preservation of supplementary pension rights.”
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