Database of pension plans and products in the EEA

The compilation of registered Database of Pension Plans and Products herein is intended to provide easily accessible information in accordance to Article 8 of EIOPA Regulation.

The Database is a unique resource providing a comprehensive snapshot of the European pensions’ landscape and helps to better understand pension systems in Europe.

The Database has been prepared by EIOPA on a best effort basis, with contributions from national competent authorities. Adjustments and simplifications were applied both in defining characteristics of plans and products and in providing the information by the authorities. Therefore, the Database should not be interpreted as a fully complete, “official” list of all pension plans, products or their providers available in EEA. Similarly, the definitions and classifications used have been established for the purpose of the Database and are not binding in any way.

In addition, for some countries the information contained in the Database may not be entirely explicative of the national context.

Scope

Plans and products included in the Database are those non-public arrangements and investment vehicles which have an explicit objective of retirement provision (according to a national social and labour law or tax rules) irrespective whether they are of occupational or personal type.

Both 1st pillar-bis pensions available in the Central and Eastern Europe (CEE) and plans/products which are defined in the legislation but not yet offered to the public (or have no members) are also included.

The pension plans managed by the State or public entities (1st pillar pensions) and “pure” annuities (i.e. products not linked to an accumulation phase) are excluded from the Database. 

The Database is aimed to be updated, checked for completeness, consistency and methodological aspects on an annual basis.

EIOPA has prepared this compilation from information received from EEA national competent authorities. EIOPA accepts no responsibility or liability whatsoever.

Any comments or questions on this compilation should be addressed to registers@eiopa.europa.eu

Previous Database of pension plans and products in the EEA

Excel Spreadsheet 

Guide for Compilation

Statistical Summary​​

Country code:
Code of a pension plan, product or a provider - code level 1:
Name of a type of a pension plan, product or a provider - linked to code level 1:
Sub-kinds of level 1 classification - code level 2:
Applicable EU law/regulation:






Current/Historical data:

Results
Export Pension plans and products in EEA Register Data to CSV | Excel
Country codeCode of a pension plan, product or a provider - code level 1Name of a type of a pension plan, product or a provider - linked to code level 1Sub-kinds of level 1 classification - code level 2Applicable EU law/regulationEU law/regulation taken as informal reference by national legislationCompleteness of relevant regulationFirst Pillar bisOccupational vs. personal (OECD definition)Occupational vs. personal (based on EIOPA response to CfA)Employer contributionsMember contributionsDC vs. DBExposure to investment risk for memberFunding vs. unfundingFinancial vehicleMembershipTarget group of a plan/productDistribution channel to members (workplace)Distribution channel to members (external sales network)Distribution channel to members (internet)Distribution channel to members (other)Investment optionsPay-out phase (annuity)Pay-out phase (lump sum)Pay-out phase (programmed withdrawals)Pay-out phase OtherComment field – linked to the fields from 'Occupational vs. personal (OECD definition)' to 'Pay-out phase Other'The employee has a choice as to the pension product/plan providerComment – linked to the 'The employee has a choice as to the pension product/plan provider' fieldLinks to the 1st pillar pension system (SS)Links to the 1st pillar pension system (retirement age)Links to the 1st pillar pension system (opting-out and/or opting-in)Other links to 1st pillar pensionsGovernance requirementsOther SSL requirementsSpecific tax incentivesComment - linked to the fields from 'Links to the 1st pillar pension system (SS)' to the 'Specific tax incentives'Number of active members (sub-kinds) as at [year(t-1)]Number of active members (sub-kinds) as at [year(t)]Total assets or Total assets under management (sub-kinds) as at  [year(t-1)] (million €)Total assets or Total assets under management (sub-kinds) as at  [year(t)](million €)Number of active members (Latest available data)Total assets or Total assets under management (Latest available data) (million €)Comment - linked to fields 'Number of active members (Latest available data)'  and 'Total assets or Total assets under management (Latest available data) (million €)'Number of active members as at [year(t-1)]Number of active members as at [year(t)]Total assets or Total assets under management as at [year(t-1)] (millions €)Total assets or Total assets under management as at [year(t)] (millions €)Number of plans, products, providers as at [year(t)]General comment for quantitative indicatorsYear (t)Submission dateActivity start dateActivity end date
ISIS-4Starfstengdir lífeyrissjóðir (IORP)IS-4.1IORPIORPYesNooccupationaloccupationalvoluntarymandatoryDCfull exposure to investment riskFundedAutonomous entityVoluntaryBoth workforce and individualspredominantnilnilnilNo investment optionspossiblenot possiblenot possible3The Directive 2003/41/EC is fully implemented by law 78/2007, but an IORP has not been establishedNo YesYesNoNoNo representationYesYesAn IORP has not been established000,000,0000,00 000,000,000 201410/12/201501/01/1900 
ISIS-3Séreignasparnaður|Personal pension schemeIS-3.1NELNELYesNopersonalpersonalvoluntaryvoluntaryDCfull exposure to investment riskFundedSegregated assetsVoluntaryBoth workforce and individualsimportantimportantlimitedlimitedMultiple investment optionspossiblepossiblepossible3 Yes YesYesYesNoNo representationNoYes 1160621259212600,602791,901259212791,90 1160621259212600,602791,9024 201410/12/201501/01/1900 
ISIS-2Lífeyrissjóður|Mutual insurance divisionIS-2.1NELNELYesNooccupationaloccupationalmandatorymandatoryDCfull exposure to investment riskFundedAutonomous entityMandatoryBoth workforce and individualspredominantlimitedlimitedlimitedNo investment options100%mandatorynot possiblenot possible4 NoChoice in some casesYesYesNoNoRepresentation of employers and employeesYesYes 14511413980910814,201193,401398091193,40 14511413980910814,201193,4017 201410/12/201501/01/1900 
ISIS-1Lífeyrissjóður-public sector|Mutual insurance division guaranteed by the state and municipalitiesIS-1.1NELNELYesNooccupationaloccupationalmandatorymandatoryDBNo exposure to investment riskFundedAutonomous entityMandatoryBoth workforce and individualspredominantnilnilnilNo investment options100%mandatorynot possiblenot possible4Partially funnded. Present funding ratio close to 60%No YesYesNoNoRepresentation of employers and employeesNoYes 51362436534333,104746,50436534746,50 51362436534333,104746,5010 201410/12/201501/01/1900 
FRFR-1Schemes under article 39 of the French General Tax CodeFR-1.1IORP|IORP art.4|LAD YesYesoccupationaloccupationalmandatorynot possibleDBNo exposure to investment riskFundedContractual obligationMandatoryWorkforce of a single employerpredominantnilnilnilNo investment options100%mandatorynot possiblenot possible  No YesYesNoYesRepresentation of employers only YesYes 0037241,0039269,00037241,00Latest data are as at 31.12.20140037241,0039269,000 201401/07/201631/12/2014 
FRFR-2Schemes under article 82 of the French General Tax Code FR-2.1IORP|IORP art.4|LAD YesYesoccupationaloccupationalmandatoryvoluntaryDC with guaranteesAt least capital guaranteedFundedContractual obligationVoluntaryWorkforce of a single employerpredominantnilnilnilMultiple investment optionspossiblepossiblenot possible (2.1.2) Although it is legally possible for employees to pay contributions, in most cases, the agreement allows only contributions from employers. (2.6) The membership is based on individual negotiations between the employer and the employee.No YesYesNoNoRepresentation of employers only YesNo 1500002500004041,003962,002500004041,00Latest data are as at 31.12.20141500002500004041,003962,000 201401/07/201631/12/2014 
FRFR-2Schemes under article 82 of the French General Tax Code FR-2.2IORP|IORP art.4|LAD YesYesoccupationaloccupationalmandatoryvoluntaryDCAt least capital guaranteedFundedContractual obligationVoluntaryWorkforce of a single employerpredominantnilnilnilMultiple investment optionspossiblepossiblenot possible (2.1.2) Although it is legally possible for employees to pay contributions, in most cases, the agreement allows only contributions from employers. (2.6) The membership is based on individual negotiations between the employer and the employee.No YesYesNoNoRepresentation of employers only YesNo 000,000,0000,00Latest data are as at 31.12.2014000,000,000 201401/07/201631/12/2014 
FRFR-3Schemes under article 83 of the French General Tax CodeFR-3.1IORP|IORP art.4|LAD YesYesoccupationaloccupationalmandatorymandatoryDC with guaranteesAt least capital guaranteedFundedContractual obligationMandatoryWorkforce of a single employerpredominantnilnilnilMultiple investment options100%mandatorynot possiblenot possible (2.6) Aimed at specific catagories of employees and possibility to transfer individually the benefits to another schemeNo YesYesNoNoRepresentation of employers only YesYes 3500000410000053529,0057125,00410000053529,00Latest data are as at 31.12.20143500000410000053529,0057125,000 201401/07/201631/12/2014 
FRFR-3Schemes under article 83 of the French General Tax CodeFR-3.2IORP|IORP art.4|LAD YesYesoccupationaloccupationalmandatorymandatoryDCAt least capital guaranteedFundedContractual obligationMandatoryWorkforce of a single employerpredominantnilnilnilMultiple investment options100%mandatorynot possiblenot possible (2.6) Aimed at specific catagories of employees and possibility to transfer individually the benefits to another schemeNo YesYesNoNoRepresentation of employers only YesYes 000,000,0000,00Latest data are as at 31.12.2014000,000,000 201401/07/201631/12/2014 
FRFR-4PERCOFR-4.1NELNELYesYesoccupationaloccupationalmandatoryvoluntaryDCfull exposure to investment riskFundedSegregated assetsVoluntaryWorkforce of a single employerpredominantnilnilnilMultiple investment optionspossiblepossiblenot possible (2.1.1) The contribution of the employer depends on the contributions made by the member and it is mandatory as long as the member has made contributions to the plan (2.4) Workforce of many employers is also possibleNo YesYesNoNoRepresentation of employers only YesYes(4.2) Governance requirements apply to the dedicated investment funds which serve as investment units for this kind of pension arrangement.163700018750008600,0010300,0018750008600,00Latest data are as at 31.12.2014163700018750008600,0010300,000 201401/07/201631/12/2014 
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