Pensions

SOS your pension! – The facts: EU pension scheme for dummies

If you thought you were already shipwrecked by the 2004 and 2014 staff reforms as regards your career perspectives as well as your salary, you ain’t seen nothing yet. Wait until you are old and frail and want to draw on your well-deserved pension. That’s when the real trouble starts. In this article, Generation 2004 takes a closer look at the EU pension scheme. Can we avoid the many icebergs that lurk around our pension scheme? In particular, what are the chances that EU Member States (MS) pay the €40 billion pension liability accumulated since 1958? Can we prepare a lifeboat in case the scheme were to founder? Continue reading SOS your pension! – The facts: EU pension scheme for dummies

28 Officials sent to early retirement this year!

You may have already heard that 28 officials will benefit from article 42c of the SR this year. The 28 beneficiaries will be exempt from doing actual work or showing up at their service, while continuing to receive a comfortable allowance and increasing their pension rights up to the day they are eligible to fully retire: Continue reading 28 Officials sent to early retirement this year!