4 Amendments of Miguel URBÁN CRESPO related to 2014/0091(COD)
Amendment 277 #
Proposal for a directive
Recital 3
Recital 3
(3) Directive 2003/41/EC represented a first legislative step on the way to an internal market for occupational retirement provision organised on a European scale. A genuine internal market for occupational retirement provision remains crucial for economic growth and job creation in the European Union and for tackling the challenge of an ageing European societyHowever, pensions are part of the social security system, so the internal market should not allow for private institutions to interfere with public pension systems through competition. The Directive, dating from 2003, has not been substantially amended to introduce a modern risk-based governance system also for institutions for occupational retirement provision.
Amendment 284 #
Proposal for a directive
Recital 4
Recital 4
(4) Action is needed to further develop complementary private retirement savings such as occupational pensions. This is important since social-security systems are coming under increasing pressure, which means that citizens will increasingly rely on occupational retirement pensions as a complement in the future. Occupational retirement pensions should be developed, without, however,Public pensions should be protected throughout the Union by altering the revenue of the public pension system through a reform of the tax system to make it fairer and more effective and by resolutely combating tax fraud. The development of private retirement pensions should not calling into question the importance of social-security pension systems in terms of secure, durable and effective social protection, which should guarantee a decent standard of living in old age and should therefore be at the centre of the objective of strengthening the European social model.
Amendment 324 #
Proposal for a directive
Recital 13
Recital 13
(13) When aiming at ensuring financial security in retirement, the benefits paid by institutions for occupational retirement provision should generally provide for the payment of a lifelong pension. Payments for a temporary period or a lump sum should also be possibleThis is preferable to other kinds of payment which do not provide for a stable income for the retired.
Amendment 433 #
Proposal for a directive
Recital 59
Recital 59