To supplement our frequently asked questions (FAQs) on pension transfers, we add this FAQ for all of the other questions we receive on pension in general. If you don’t find your pension question answered in either of the two FAQs or in the Staff Matters FAQs then please contact us, together we can find the answer and add it here if it might be useful to others.
Pensions
Transfer of pension rights FAQs
*Update 24.10.2024: The list of financial intermediaries for the transfer out as published by PMO is not final. We have updated question 8 below to make that clearer.*
Original article: The pension scheme of the European Union institutions (PSEUI) is for all institutions and most agencies. Check out our general pension FAQ. Regardless of whether you work in the Parliament, Council or Commission and whether you are an official, a Temporary Agent or a Contract Agent you are probably making contributions to the PSEUI.
End of service: IT access
This topic came out of our October sessions on pensions but the information is applicable to anyone leaving the Commission whether that’s at the end of a contract, to retire or for several other reasons. According to your circumstances, you might need access to the IT systems to submit medical costs, to get certificates or to manage the EU unemployment allowance[1]. Continue reading End of service: IT access
JRC event: pension rights
*** Update: You can find the presentation of the conference here. ***
Generation 2004 would like to invite you to a conference for staff in JRCs sites dedicated to the topic: ‘Everything you always wanted to know about Pensions rights’.
This conference will follow the regular Lunchtime conference on Pensions Transfer Out, the two events are independent, but together will give a wide overlook on Pensions rights in the European Commission. Continue reading JRC event: pension rights
Conference: transfer-out of pension rights
*Update 03.10.2024 a transfer out to a PMO-approved scheme, such as the one presented by the (external) Allianz broker is only one of several options available.*
*Update 01.10.2024 full list of PMO-approved schemes added.* *Update 26.09.2024 footnote on local agents added below.* Continue reading Conference: transfer-out of pension rights
Securing pensions for Contract & Temporary Agents during unemployment
Your Contract Agent CA3B (or a different non-permanent) contract at the European Commission has ended. Despite your determination to continue contributing to the EU project, you can no longer work directly for the Commission (e.g. you have reached six years as CA3B). You can work for another institution or for the Commission, but on a different contract than CA3B.
Continue reading Securing pensions for Contract & Temporary Agents during unemployment
Lunchtime conference: the implementation of the Picard decision in the Commission
The European Commission has recently published the Conclusion 287/24 on the Picard judgement about pension rights and how it wants to implement it. During a Generation 2004 lunch-time conference on 29 April we explained what this conclusion means for you and which category of staff must consider taking actions. Continue reading Lunchtime conference: the implementation of the Picard decision in the Commission
More missing contributions for a pension transfer-in
While it is possible to take your pensions contributions from national systems and put them into the pension scheme of the European Union institutions (PSEUI), this is often a long-drawn-out process and it can be rather opaque. We recently highlighted the general exclusion of Member State ‘gifted’ contributions (e.g. covering times of military service or caring duties) from transfers-in and of a failed court case to try to recover the contributions where their inclusion made no difference. Now we cover a further potential complication which is delays in Member States doing their part in this process. Continue reading More missing contributions for a pension transfer-in
Conference: transfer-out of pension rights
By popular demand, the pension transfer-out event will take place again in March. The powerpoint is available by email from the Allianz broker. Additional questions from the original presentation (16.01.2024) are added and answered in our transfer-out FAQ. There will be a presentation and then a question and answer session. What does it mean to transfer out of the pension scheme of the European Union institutions (PSEUI)? Who has to do this? What are the options available?
Flash report on the Local Agents’ Provident Fund
The pension benefits system for local staff in Delegations (Provident Fund for Local Agents (‘PFLA‘)) has lost over 5% of its value. This means that the amount of money local agents (LA) receive at the end of their career (through employer and employee contributions) is falling. Continue reading Flash report on the Local Agents’ Provident Fund
