(14)It is important to ensure that older and disabled people are not placed at risk of poverty and can enjoy a decent standard of living. Appropriate cover for biometrical risks in occupational pension arrangements is an important aspect of the fight against poverty and insecurity among elderly people. When setting up a pension scheme, employers and employees, or their respective representatives, should consider the possibility of the pension scheme including provisions for the coverage of the longevity risk and occupational disability risks as well as provision for surviving dependants.
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New version applies from 04/01/2011 — introduced by Directive 2010/78/EU.
48 provisions change.
Later versions: 21/07/2011, 20/06/2013, 13/01/2019.
Recital 14 changes in this version: compare with the current text.