11 Amendments of Corien WORTMANN-KOOL related to 2012/2234(INI)
Amendment 10 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Welcomes the Commission's call in the 2013 Annual Growth Survey to step up pension system reforms in the Member States through better aligning retirement age with life expectancy and enable longer working lives;
Amendment 18 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Welcomes the commitments made by Member States to ensure adequate and sustainable retirement systems in the country specific recommendations adopted by Council last year in the framework of the European Semester;
Amendment 23 #
Draft opinion
Paragraph 4
Paragraph 4
4. Welcomes the strengthening of the EU's social dimension and stresses the validity of the principle of subsidiarity in the areas affected by Initiative 1; encourages the Commission to take stock of the progress made in the Member States regarding pension reforms in its country specific recommendations that follow from the 2013 Annual Growth Survey;
Amendment 26 #
Draft opinion
Paragraph 5
Paragraph 5
5. Welcomes the support; underlines in particular that the planned support could facilitate the exchange of best practices between Member States, for instance to increase labour market participation rates, most notably in the over 55-age group which varies widely between Member States;
Amendment 35 #
Draft opinion
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Underlines that second-pillar pension funds are important long term investors in the real economy; invites the Commission to take stock of the cumulative effects of financial market legislation (e.g. EMIR, MiFID, CRDIV) on second-pillar pension funds and their ability to invest in the real economy and report on this in its forthcoming Green Paper on Long Term Investments;
Amendment 61 #
Draft opinion
Paragraph 12
Paragraph 12
12. Considers with regard to qualitative precautionary measures that proposals concerning corporate governance and risk management and those regarding transparency and information disclosure obligations are useful, including disclosure of costs and transparency of investment strategies; notes that, given the considerable differences between Member States, convergence of qualitative precautionary measures at EU level is at this stage more feasible than regulatory harmonisation;
Amendment 77 #
Draft opinion
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Stresses that social partners (i.e. employers and employees) have a shared responsibility for the content of occupational pension arrangements; underlines that contractual agreements between social partners need to be recognized at all times, in particular with regard to the balance between risks and rewards that an occupational pension scheme aims to achieve;
Amendment 84 #
Draft opinion
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Notes a large variety in the design of pension plans, varying from defined benefit (DB) to defined contribution (DC) or mixed schemes; also notes a shift from DB schemes to DC schemes or the establishment of mandatory funded pillars in some Member States; stresses that this increases the need for more transparency and better information provision to citizens regarding the promised benefits, cost levels and investment strategies;
Amendment 99 #
Draft opinion
Paragraph 20
Paragraph 20
20. Welcomes discussion of the establishment of pension tracking services for the 1st and 2nd pillar in Member States, as well as cross-border pension tracking services for the 2nd pillar; encourages the Commission to facilitate the exchange of currently existing best practices in Member States and to promote the development of cross-border pension tracking services for the 2nd pillar;
Amendment 118 #
Draft opinion
Paragraph 29 a (new)
Paragraph 29 a (new)
29a. Considers that in certain cases private pension savings could be necessary to build up an adequate pension; encourages the Commission to cooperate with Member States on the basis of a best practices approach and assess and optimise incentives for private pension savings, in particular for individuals who otherwise would not build up an adequate pension;
Amendment 124 #
Draft opinion
Paragraph 32 a (new)
Paragraph 32 a (new)
32a. Considers that codes of conduct with regard to quality, information provision to consumers and consumer protection in the 3rd pillar could increase the attractiveness of 3rd pillar pension plans; encourages the Commission to facilitate the exchange of currently existing best practices in Member States;