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Support to RESAVER Pension Fund

RESAVER Pension Fund is the first multi-country, multi-employers pension fund that enables mobile employees of the research institutions to remain affiliated to the same supplementary pension fund (2nd pillar and 3rd pillar) when moving between different countries and changing jobs.

The pension fund is based on the IORP II directive ((2016/2341/EC) Institutions for Occupational Retirement Provision) which provides a framework for institutions providing occupational pensions in all EU countries. The pension fund complies with national social and labour law and does not interfere with Member States prerogative in the area of 1st pillar pension.

The purpose of the grant is to provide financial support towards the functioning of the RESAVER pension fund in its core activities - over a period of three years - in order to carry out a set of activities detailed in a work programme.