Portability of pensions

Changing job or country often means losing occupational pension benefits in some EU Member States. The difficulty of transferring these benefits from one country to another can be such that it has been identified by experts as a serious obstacle to the free movement of workers within the EU. Under the 'portability of pensions' Directive, proposed by the European Commission in October 2005, workers switching jobs or countries will no longer need to worry for the future. Designed to avoid major losses and in many cases allowing benefits to transfer with the worker across sectors and countries in the EU, the proposal is expected to boost the Commission's 'Growth and Jobs' strategy by making it easier for workers to move jobs and countries.

The link address is: http://ec.europa.eu/employment_social/spsi/portability_en.htm