Our Pensions

Kinnock has damaged our pension schemes and the salary adjustment method by applying rough and ready changes without proper dialogue with the trade unions. The result is that you will have to work longer and contribute more, to reach the same level of allowances and therefore the same level of retirement. The salary adjustment method was changed to save money. Between 2004 and 2008, the Kinnock method has decreased your purchasing power by 2.3% in 4 years, which represents a saving of less than 1% of the entire community budget. The current salary adjustment method will end in 2013. The true challenge will be to replace it and to decide what to replace it with.

15Nov201016Nov2010

0.4% Pay Adjustments – Further loss of purchasing power – a reason to boast??

pinomar Our Pensions, Purchasing Power

You have all received a few days ago an email by the Director General of Human Resources informing you (and the broad public via a press release) that this year despite an inflation rate of 2.7% in Belgium, salaries would be adapted only by +0.4% in Brussels/Luxemburg and even negatively in most other sites. HR declares that this would be according to the method laid down in our Staff Regulation. R&D will continue to fight for an improved result of the method for 2010/2011

04Oct201006Oct2010

Lower Wages for Officials, Contract Agents and Pensioners in 2010

pinomar Career Prospect and Promotion, European Civil Service, Our Pensions, Press

The Commission held a press conference October 4, 2010, where she confirmed the decline of our official salaries by 0.4% for Brussels, which leads to an official decline in purchasing power by 2.8%.

15Sep201021Sep2010

Transfer of pension rights

pinomar Career Prospect and Promotion, Contractual Agents, Our Pensions

Following a leaflet circulated last week on the transfer of pension rights, many members expressed concern. This is why some clarification is needed. Who might be concerned? – Those who have retired or transferred from or community to fund pension rights after 2004. What could be the problem: – As a result of miscalculation, some […]

01Jul2010

Transfert of Pension Rights for new starters: another month delay

pinomar Career Prospect and Promotion, Contractual Agents, Our Pensions

The entry into force of new general implementing provisions on transfers of pension rights will not be before August 1, 2010

01Jun2010

Transfert of Pension Rights for new starters: 1 month delay

pinomar Career Prospect and Promotion, Contractual Agents, Our Pensions

The new rules will come into effect not before July 1th – the first day of the month following their publication in the administrative information bulletin! The new regulation will reduce by about 30% the value of acquired rights to be transferred into the EU pension scheme! You should therefore act quickly and submit your request […]