IORP II: Process, Content and Outlook
Speaker: Falco Valkenburg AAG, RBA
The revised IORP Directive is often referred to as IORP II. IORP stands for Institution for Occupational Retirement Provision, or in other words a Pension Fund. IORP II came into force on 12 January 2017. The EU member states are required to have transposed the Articles of the Directive into their national legislation by 13 January 2019. The IORP II Directive contains 67 articles, whereas its predecessor had only 24 articles. Serious requirements have been added. Many of those are very important for actuaries working on pensions, pension funds and pension insurance.
The aim of this webinar is to give a comprehensive overview on IORP II, the process and the actual content as well as to provide a brief outlook.