8 Amendments of Peter SKINNER related to 2010/2239(INI)
Amendment 30 #
Draft opinion
Paragraph 3
Paragraph 3
3. Emphasises that sustainable public finances require including the total of public and private debt in the assessment; recalls that pension savings are not only savings earmarked as pension; requests that the full scale of unfunded public sector pension liabilities is made transparent by including these in the government debt-to- GDP ratio; urges the Commission to develop a common terminology for pension systems that allows for transparency and comparison between the three pillars of pensions provision across the 27 Member States;
Amendment 71 #
Draft opinion
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Acknowledges that traditional employer-guaranteed occupational pension schemes have come under pressure from a variety of economic and demographic challenges but strongly believes that such challenges do not justify an absolute shift of responsibility for income security in retirement from employer to employee; urges Member States to ensure a greater commitment from employers to guaranteeing the income security in retirement of employees; notes the development of hybrid DB/DC schemes in this regard;
Amendment 120 #
Draft opinion
Paragraph 13
Paragraph 13
13. Calls on the Commission to clarify when a cross-border activity is triggered, also taking into account the provisions of the Posted workers Directive and the position of expatriates in general, and that national social and labour laws, including compulsory membership, applies only to pension schemes; in addition calls on the Commission to further harmonise rules concerning technical provisions, in particular the technical rate of interest, in order to prevent supervisory arbitrage; suggests that Member States should allow ring fencing;
Amendment 139 #
Draft opinion
Subheading 3
Subheading 3
Amendment 144 #
Draft opinion
Paragraph 14
Paragraph 14
14. Considers that Solvency II is a valuable starting point for developing a solvency regime for IORPs; underlines that such a regime needs to be adapted toproposals for a capital adequacy regime for IORPs must recognise the specificities of pensions, in particular as regards the conditionality of pension rights, the duration of pension portfolios and the dedicated purpose vehicle operating a homogenous product portfolio;
Amendment 160 #
Draft opinion
Paragraph 15
Paragraph 15
15. Considers the qualitative elements of Solvency II to be of gsecond and third pillars of Solvency II to be valuable starting points in relat importance for their appion to enhancing the qualictative supervision tof IORPs; notes that this applies in particular to requirements in relation to good risk management;
Amendment 170 #
Draft opinion
Paragraph 17
Paragraph 17
17. Is of the opinion that the newly established European Supervisory Authority (European Insurance and Occupational Pensions Authority) should play an important role in the development of a solvency regime for pension funds in general and IORPs more specificallypreparatory process for a review of the IORP Directive;
Amendment 183 #
Draft opinion
Paragraph 20
Paragraph 20
20. Stresses that the questions related to the solvencya capital requirements regime for pension funds, including IORPs, and a pensions guarantee scheme are closely linked to a sufficient resolution of the issues related to Article 8 of the Insolvency Directive;