EU Launches New Association to Encourage Cross-Border Pension Arrangements

It has been a long-term goal of many at the European Commission (EC) and its agencies to promote cross-border pension arrangements within the EU, and employers in global industries have long complained about the inability to rationalize benefit structures across borders. For those multinational employers who are interested in rationalizing their pension plans within the EU, some recent developments, including the Cross-Border Benefits Alliance – Europe, a new alliance to support cross-border pensions, may make such efforts more possible. Please see the attached memo for background on where cross-border pension stand in Europe and details on the new Alliance.

• EU Launches New Association to Encourage Cross-Border Pension Arrangements