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IPE Article: IORP Directive must not ‘unpick’ pension systems

Homepage Press Releases IPE Article: IORP Directive must not 'unpick' pension systems

IPE Article: IORP Directive must not ‘unpick’ pension systems

Cécile Henrotte
30/03/2015
Press Releases

IORP Directive must not ‘unpick’ pension systems, rapporteur warns

The European lawmaker appointed as rapporteur for the IORP Directive has warned that the law must not damage existing pension systems and insisted he would take time to engage with stakeholders as he drafted his report on the legislation.

Brian Hayes, an Irish MEP and member of the Economic and Monetary Affairs committee (ECON), said it was vital that the European Parliament took its time while drafting an opinion on the IORP Directive, the basis of the chamber’s negotiating position ahead of talks with member states and the European Commission next year.

Speaking at the Brussels launch event for the TTYPE project’s report into a European pension tracking service (ETS), he said it was important the revised Directive not “unpick” systems that had been successful.

“We are not going to rush this – this is going to be a piece of legislation we are going to take our time because it’s crucially important we get this right,” he said.

Click here to continue.

 

La Directive sur les IRPs ne doit pas détruire les systèmes des pensions, prévient le rapporteur

Le législateur européen nommé rapporteur pour la Directive sur les IRPs a prévenu que la loi ne devait pas influencer négativement les systèmes des pensions existants. Il a souligné qu’étant donné que c’était lui qui avait préparé le projet de loi, il aurait une discussion avec des parties prenantes.

Brian Hayes, membre du Parlement irlandais et de la Commission des affaires économiques et monétaires, a annoncé qu’il était vital que le Parlement européen prenne sont temps pour rédiger son avis à propos de la Directive sur les IRPs représentant la base de la position du cabinet qui sera discutée au cours de débats entre les pays – membres et la Commission européenne l’année prochaine.

Lors de son discours à l’événement consacré au lancement du projet TTYPE visant à établir un service européen de suivi des retraites qui a eu lieu à Bruxelles, il a dit qu’il était important que la Directive revisée ne détruise pas les systèmes des pensions ayant du succès.

“Nous n’allons pas nous dépêcher. Cela va représenter un projet de loi. Nous allons prendre notre temps parce qu’il est très important de le faire bien.”

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  • AEIP announces newly elected President, Vice-President, and Board Members
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Tuesday, 9, Sep
AEIP responds to European Commission Call for Evidence on the European Pillar of Social Rights Action Plan 2025
Friday, 29, Aug
Paritarian model key to pension adequacy: AEIP response to EU consultation on supplementary pensions
Monday, 30, Jun
AEIP is pleased to publish its activities carried out throughout 2024.
Thursday, 26, Jun
AEIP announces newly elected President, Vice-President, and Board Members
Friday, 20, Jun
AEIP input on integration of EU capital markets: supervision of pension funds should remain at national level
Thursday, 12, Jun
AEIP welcomes the European Parliament’s proposed amendments for a directive harmonizing certain aspects of insolvency law

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