Occupational Pensions: CEIOPS published Ring-fencing in Stress Situations Report
06 July 2010
CEIOPS concluded that the levels of pension benefits protection vary, as they are the result of a combination between the legal forms of the IORP, the various stress situations directly or indirectly related to a pension scheme and the different levels of protection offered.
The Ring-fencing in Stress Situations Report analyses the effectiveness of ring-fencing measures in protecting pension benefits in stress situations, in particular where such measures are imposed by a Home Member State Competent Authority, as envisaged by Article 16(3) of the IORP Directive. The report is aimed as a supplement to CEIOPS’ Initial Review of Key Aspects of the Implementation of the IORP Directive.
Given the complexity and diversity of legal forms and structures of the IORP throughout Member States, CEIOPS has concluded that the levels of pension benefits protection vary, as they are the result of a combination between the legal form of the IORP, the various stress situations directly or indirectly related to a pension scheme, and the different levels of protection offered.
© CEIOPS
