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Parliament pension fund runs out of money

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Published: April 23rd, 2023,
Last updated: May 30th, 2025

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The European Parliament is considering three options for its supplementary pension system, which is threatened with bankruptcy. Based on a capital fund, the pension system has not accepted members since 2009. Around 1,000 people still have claims to payments from the system. These are former MEPs and their surviving dependents. The payment obligations are expected to extend into the 2080s.

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European Parliament EU Budget