MEPs evade pensions quarrel

Taxpayers will not be asked to top up pensions for MEPs, the European Parliament disclosed on the 22 April 2009. The EP The sought to head off a pre-election controversy by insisting it would cover a €120m hole in a members-only pension fund by cutting benefits and raising the retirement age from 60 to 63.

ESO: Background information: Will Taxpayers Have to Bail Out EU Parliament Pension Fund? http://www.europeansources.info/record/will-taxpayers-have-to-bail-out-eu-parliament-pension-fund/

European Parliament: Press Release, 22.4.09: Bureau confirms decision not to top up pension fund http://www.europarl.europa.eu/news/expert/infopress_page/007-54155-112-04-17-901-20090422IPR54153-22-04-2009-2009-false/default_en.htm

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