Sulla proposta di regolamento del Parlamento europeo e del Consiglio che modifica il regolamento (UE) 2019/1238 sul prodotto pensionistico individuale paneuropeo (PEPP)
EMPL-AD-787853
Commissione per l'occupazione e gli affari sociali · Rapporteur: Liesbet Sommen
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The Employment and Social Affairs Committee gives its opinion to the Economic and Monetary Affairs Committee on the proposal to amend Regulation (EU) 2019/1238 on the pan-European personal pension product (PEPP). It proposes 52 amendments to the Commission proposal.¶¶¶ The opinion wants PEPPs to deliver adequate, safe and transparent pension outcomes, with clearer rules on cost transparency, comparability and value for money, and a central role for the prudent person principle.¶ It stresses that PEPP development must respect member states' competences over pension schemes, including taxation, and labour law, and must strengthen the active involvement of social partners.¶ It proposes an annual EU pensions forum bringing together member states, EU institutions, social partners and stakeholders to exchange good practices and data on the financial and social aspects of pension schemes.¶ It also calls for action on the gender pension gap and better financial awareness among citizens, and aims to contribute to a more inclusive, resilient and sustainable European pension landscape.¶¶
Committee position. The Employment and Social Affairs Committee proposes 52 amendments to the Commission proposal amending Regulation (EU) 2019/1238 on PEPPs, aimed at adequate, safe and transparent pensions, respect for member states' competences and social partner involvement, and an annual EU pensions forum.¶¶¶
Key points
- Complementary pension solutions can help improve pension adequacy amid demographic ageing, changing labour markets and cross-border careers, but must complement, not undermine, public and occupational schemes.¶
- The rapporteur supports the Savings and Investments Union's goal of promoting growth and innovation while keeping long-term pension savings focused on sufficient, safe and lasting retirement income.¶
- PEPP development must fully respect member states' competences in organising pension schemes, including taxation, and labour law, and must strengthen the active involvement of social partners.¶
- The opinion seeks adequate, safe and transparent pension outcomes, stronger consumer protection through clearer rules on cost transparency, comparability and value for money, and simplified communication of charges.¶
- It reaffirms the central role of the prudent person principle in managing pension savings, and calls for action on the gender pension gap and better financial awareness of citizens.
- It proposes an annual EU pensions forum as a structured platform of member states, EU institutions, social partners and stakeholders to exchange good practices and data on adequacy, atypical workers' coverage, disparities and the interaction of public, occupational and individual pensions.¶
- The forum should ensure the active involvement of social partners, in line with national practices, to support balanced, informed discussion and evidence-based EU policymaking.
- The opinion aims to contribute to a more inclusive, resilient and sustainable European pension landscape, in line with the principles of the European Pillar of Social Rights.¶
- The committee tables 52 amendments to the Commission proposal, covering recitals and articles of Regulation (EU) 2019/1238, including new recitals and new articles.¶¶
Who is affected
- PEPP savers: the opinion seeks adequate, safe and transparent pension outcomes and stronger consumer protection.¶
- Member states: their competences over pension scheme organisation, including taxation, and labour law must be fully respected.¶
- Social partners: their active involvement in organising pension schemes and in the proposed EU pensions forum is to be strengthened.¶
- Atypical workers: the proposed forum would exchange data on their pension coverage.