(5)Since social-security systems are coming under increasing pressure, occupational retirement pensions will increasingly be relied on as a complement in future. Occupational retirement pensions should therefore be developed, without, however, calling into question the importance of social-security pension systems in terms of secure, durable and effective social protection, which should guarantee a decent standard of living in old age and should therefore be at the centre of the objective of strengthening the European social model.
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New version applies from 20/06/2013 — introduced by Directive 2013/14/EU.
42 provisions change.
Later versions: 13/01/2019.
Recital 5 changes in this version: compare with the current text.