Why does the UK have to pay EU staff pensions if the EU have been collecting pensions contributions?

  • 5
    It would be nice to also include a reference to an article that covers this subject (UK have to pay EU staff pensions).
    – Alexei
    Commented Jan 25, 2019 at 18:41
  • 3
    I'd guess it works the same way as UK national insurance: 'contributions' now are used to pay the pensions that are being paid out now, not invested into a fund for the payee to connect in the future.
    – PhillS
    Commented Jan 25, 2019 at 20:17
  • @PhillS I can't find a truly authoritative source, but it looks like the European Commission is also still running a final salary scheme. That leaves a large liability to ring fence.
    – origimbo
    Commented Jan 25, 2019 at 20:32
  • @MartinSchröder I'm not sure a good answer to this question would be a good answer to that one. It would involve a discussion of pay-as-you-go, defined benefit and defined contribution pensions, along with some discussion of the precise model being followed here with only a little discussion of how that affects the EU's (as an organisation's) pension liability and assets.
    – origimbo
    Commented Jan 26, 2019 at 23:21


Browse other questions tagged .