EurActiv.com Correspondent's Choice

This story about pension reform was published by EurActiv on 9th June 2010.

As pension reform reaches the top of the EU agenda to counter market speculation over the sustainability of public finances, a pool of eight commissioners is set to meet for the first time on Friday (11 June) to give the green light to a comprehensive roadmap centered on “adequacy” and “long-term sustainability”.

The office of the president of the European Commission, José Manuel Barroso, sent out an invitation on Monday (7 June) to eight commissioners to meet for the first time in a special group dedicated to pensions.

The group’s mandate is to “focus on adequacy as well as long-term sustainability” of pensions at EU level. The group “should also explore how pension funds could be used more effectively as an important source for (long-term) investment in future growth,” reads the text of the mandate, obtained by EurActiv.

Social Affairs Commissioner László Andor will chair the group, which will also feature Economic Affairs Commissioner Olli Rehn, Internal Market Commissioner Michel Barnier, Fundamental Rights Commissioner Viviane Reding and Industry Commissioner Antonio Tajani.

The meeting is also expected to be attended by Education Commissioner Androulla Vassiliou, Health Commissioner John Dalli and Budget Commissioner Janusz Lewandowski.

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