The design of European supervision of pension funds

Within the European Union there is a large variety of old age income support systems. Many member states have a mixture of state provisions, employment-based pensions (also called occupational pensions), and individual pension savings. In this paper Dirk Broeders (DNB), Niels Kortleve (PGGM), Antoon Pelsser (UM) and Jan-Willem Wijckmans (PGGM) focus on the second pillar, that of employmentbased pensions. In addition to a single harmonized framework for all different employment-based pension systems throughout the European Union, they propose a supervisory framework that is consistent in the methods and instruments used, but that is still tailored to the specific characteristics of each individual pension system.

Netspar, Network for Studies on Pensions, Aging and Retirement, is a thinktank and knowledge network. Netspar is dedicated to promoting a wider understanding of the economic and social implications of pensions, aging and retirement in the Netherlands and Europe.

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