Sunday

24th Mar 2019

ECJ ruling to prompt pan-European pension schemes

Establishment of a pan-European pension scheme is more likely after a European Court of Justice ruling on Thursday, which states that tax breaks for pension schemes should apply across borders. A worker in any EU state who has a pension scheme in another European country could have the right to continue paying into the scheme without significantly losing tax benefits.

The verdict is believed to be a move towards breaking down the biggest obstacle to a single pan-European pension for workers who move between countries. The ECJ ruled in favour of a doctor who lives in Finland but contributes to pension schemes in Germany. The dual Finnish and German nationality doctor, moved from Germany to Finland and continued to contribute to two German pension schemes.

Read and decide

Join EUobserver today

Support quality EU news

Get instant access to all articles — and 18 year's of archives. 30 days free trial.

... or join as a group

  • COURT OF JUSTICE - the verdict is believed to be a move towards breaking down the biggest obstacle to a single pan-European pension for workers who move between countries. (Photo: European Court of Justice)

The Finnish government argued that the contributions should benefit from reduced tax breaks because they had been paid to a foreign scheme. However, the court said that governments should not be "restricting or disallowing [tax breaks] of contributions to voluntary pension schemes paid to pension providers in other member states.

The judgment is likely to be held up as an example for companies that want to offer one corporate pension scheme for all their employees in different EU countries and for workers who start saving for their retirement in one country and want to continue saving in another, writes the Financial Times. Pension campaigners said the ruling could prompt a string of similar cases from other countries.

Slovakia puts squeeze on free press ahead of election

Smer, Slovakia's ruling party, wants the country's media to give politicians a right-of-reply, or face stiff fines. Advocates of a free press are alarmed, and it poses a problem for the European Commission, whose vice-president is a Smer presidential candidate.

Orban rejects Weber's plea to stop anti-EU posters

Hungarian prime minister Viktor Orban has pledged to put up new anti-migrant posters - despite hopes in his centre-right EU family that he might "apologise and put an end" to the campaign.

News in Brief

  1. EU leaders at summit demand more effort on disinformation
  2. Report: Corbyn to meet May on Monday for Brexit talks
  3. Petition against Brexit attracts 2.4m signatures
  4. Study: Brexit to cost EU citizens up to €40bn annually
  5. NGOs demand France halt Saudi arm sales
  6. Report: Germany against EU net-zero emissions target
  7. Former top EU official takes job at law firm
  8. Draft text of EU summit has Brexit extension until 22 May

Stakeholders' Highlights

  1. Nordic Council of MinistersNew campaign: spot, capture and share Traces of North
  2. Nordic Council of MinistersLeading Nordic candidates go head-to-head in EU election debate
  3. Nordic Council of MinistersNew Secretary General: Nordic co-operation must benefit everybody
  4. Platform for Peace and JusticeMEP Kati Piri: “Our red line on Turkey has been crossed”
  5. UNICEF2018 deadliest year yet for children in Syria as war enters 9th year
  6. Nordic Council of MinistersNordic commitment to driving global gender equality
  7. International Partnership for Human RightsMeet your defender: Rasul Jafarov leading human rights defender from Azerbaijan
  8. UNICEFUNICEF Hosts MEPs in Jordan Ahead of Brussels Conference on the Future of Syria
  9. Nordic Council of MinistersNordic talks on parental leave at the UN
  10. International Partnership for Human RightsTrial of Chechen prisoner of conscience and human rights activist Oyub Titiev continues.
  11. Nordic Council of MinistersNordic food policy inspires India to be a sustainable superpower
  12. Nordic Council of MinistersMilestone for Nordic-Baltic e-ID

Latest News

  1. Italy takes China's new Silk Road to the heart of Europe
  2. What EU leaders agreed on climate - and what they mean
  3. Copyright and (another) new Brexit vote This WEEK
  4. EU avoids Brexit crash, sets new date for 12 April
  5. Campaigning commissioners blur the lines
  6. Slovakia puts squeeze on free press ahead of election
  7. EPP suspends Orban's Fidesz party
  8. Macron is confusing rigidity with strength

Join EUobserver

Support quality EU news

Join us