discretionary pension benefits

Definitions over time (1)

04/01/2011 – 01/01/2014 Article 4, Directive 2006/48/EC (CRD) Scope: Whole act

For the purposes of this Directive, the following definitions shall apply:

‘discretionary pension benefits’ means enhanced pension benefits granted on a discretionary basis by a credit institution to an employee as part of that employee’s variable remuneration package, which do not include accrued benefits granted to an employee under the terms of the company pension scheme.

No text uses this concept on 12/11/2026.