When aiming at ensuring financial security in retirement, the benefits paid by institutions for occupational retirement provision should generally provide for the payment of a lifelong pension. Payments for a temporary period or a lump sum should also be possible.
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New version applies from 13/01/2019 — introduced by Directive (EU) 2016/2341.
71 provisions change.
Recital 13 is deleted from 13/01/2019.