Traduction de «Régime de retraite entièrement provisionné » (Français → Anglais) :

10. Emphasises that the sustainability of public finances requires the inclusion of total public and private debt in the assessment; points out that pension savings constitute something more than merely savings earmarked as pension; requests that the full scale of unfunded direct public-sector pension liabilities be made transparent and explicitly disclosed, with a view to the long-term sustainability of public finances;

Notes that the crash has shed new light on the demographic challenge and the challenge of funding pensions; considers that the funding of pensions cannot be entirely left up to the public sector, but that reliance should be placed on tripartite systems including public, occupational and private pension schemes duly guaranteed by specific regulation and supervision in order to protect investors; considers, furthermore, that pensions will need to undergo European-wide reform to contribute towards financing solidarity between generations; considers that the increase in life expectancy raises cross-cutting issues regarding the organisatio ...[+++]n of society that have not been anticipated;

The Crown guarantee requires the Government of the United Kingdom to discharge any liability of the public corporation for payments of pensions transferred to BT in respect of employees who were members of the public corporation’s employee pension scheme before 6 August 1984, provided BT is insolvent and is being wound up and only if the liability is wholly or partly outstanding at the beginning of the winding up.

Basically, the RCA isn't used very much except in the public sector, where costs aren't quite the same concern (1255) A recent Watson Wyatt survey indicated that RCA funding was used by only 21% of employers with supplemental plans.

(9) In accordance with the principle of subsidiarity, Member States should retain full responsibility for the organisation of their pension systems as well as for the decision on the role of each of the three "pillars" of the retirement system in individual Member States.

D. whereas retirement provision is one of the greatest political and economic challenges of our times; whereas not only in Europe, but world-wide, nations are facing a situation where state pension schemes cannot be sustained in their present form; whereas in the past the voluntary pension instruments in the field of the second pillar in Europe have not been able to reach out to small and medium-sized companies (SMEs) which are the largest employers in the Union and that is why SMEs are often deterred by the ad ...[+++]ministrative and other costs as well as the liability risks associated with traditional pension instruments; whereas in many Member States SMEs in particular are increasingly expressing an interest in defined contribution schemes which do not oblige them to cover biometric risks and whereas if this need is not addressed there is a risk that a large number of future pensioners in the Union will not be reached,