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Retirement Savings Vehicle for European Research Institutions

In the 2012 ERA Communication the European Commission made a commitment to support employers in removing pension as an obstacle for researchers’ mobility by “supporting stakeholders in setting up a pan-European supplementary pension fund for researchers”.

To achieve this goal the European Commission supports a consortium of employers that will set up a single European pension arrangement for called RESAVER.

RESAVER will be a defined contribution plan that will enable mobile and non-mobile researchers to remain affiliated to the same supplementary pension fund when moving between different countries and changing jobs. The pension arrangement is expected to become operational during 2015.

In the end, this initiative should remove supplementary pension as a barrier to researchers mobility and contributes to the realisation of a European labour market for researchers.

To know more, visit the RESAVER website



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