(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.
◷
New version applies from 13/01/2019 — introduced by Directive (EU) 2016/2341.
71 provisions change.
Recital 5 is deleted from 13/01/2019.