EP pension fund: On average €2200 a mont • Table.Briefings

Several current EU Commissioners are also entitled to an annuity from the pension fund, which is threatened with bankruptcy. A list of 660 current or former MEPs includes more prominent names. The Bureau is looking for a way out.

The European Parliament is looking for a solution for the voluntary pension fund for MEPs, which is facing insolvency. The fund, which has not accepted members since 2009, still had €50 to €55 million at the end of 2022. Payment obligations total €363 million and are not expected to end until after 2070. The fund could run out of money as early as 2024.

EP pension fund: On average €2200 a month for each

Sign up now and continue reading immediately