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If no agreement between Parliament and Council is reached in First Reading than there will be a Second Reading and maybe a conciliation process. For a detailed description of the co-decision process, see the Council’s explanation.
Current stage of co-decision procedure: second reading
Awaiting EP 2nd reading: vote in Committee: 19 February
vote in Plenary: probably March
Final adoption expected: June 2003
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Council Common Position on Pension Funds Directive: November, 2001 (event)
EP adopted Proposal on Pension Fund Directive (1st reading): July 04, 2001 (event)
Commission Proposal on Pension Fund Directive: October 11, 2000 (event)