This complete global solution for HR professionals combines custom research, strategic white papers, country primers, webinars, and the expert guidance you’ve come to expect from...
July 13—European governments are in the process of approving legislation to implement the European Union mobility directive effective Jan. 1, 2018, Claudia Guske, press officer with the representative office of the European Commission in Berlin, e-mailed Bloomberg BNA July 7, and the German Cabinet approved the legislation July 1, according to the Labor Ministry.
The EU Directive aims to protect the pension rights of employees who move between member states. The directive now requires that an employee be involved for at least three years in an employer-financed pension plan to secure his or her entitlement. The requirement had previously been five years. In addition, the age at which an employee can leave an employer without losing pension entitlements will be lowered from 25 to 21 years, the Labor Ministry said, allowing young mobile employees to vest in their plans earlier and more quickly. Employees no longer need to fear that a change of employer may affect their pension rights.
The legislation must now be approved by the German parliament.
To contact the reporter on this story: Andrea Barbara Schuessler in Berlin at email@example.com
To contact the editor responsible for this story: Rick Vollmar at firstname.lastname@example.org
Legislation to implement EU Directive 2014/50/EU is available in German at http://www.bmas.de/SharedDocs/Downloads/DE/umsetzung-mobilitaetsrente.pdf?__blob=publicationFile, the directive itself in English at http://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32014L0050&from=DE.
For more information on German HR law and regulation, see the Germany primer.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)