1. WG on Article 83 of the SR. Doc. 20160627Art83_07
2016 Timetable
Item 6.3 of the agenda
WG on Article 83 of the SR. Doc Art83_07
creation of secretaries

2. The PSEO legal basis (1/2)
The PSEO actuarial assessment has to comply with the relevant legal provisions set in the Staff Regulations of Officials and Conditions of Other Servants of the European Community.
In particular:
Art. 83a.3 refers to the "five-yearly actuarial assessment" of PSEO,
Art. 83a.4 states "Each year the Commission shall update the actuarial assessment referred to in paragraph 3, in accordance with Article 1(2) of Annex XII",
Article 1(3) of Annex XII states "The assessment and updates shall be carried out in each year n, on the basis of the population of active members of the pension scheme at 31 December of the previous year (n-1)".
WG on Article 83 of the SR. Doc Art83_07

3. The PSEO legal basis (2/2)
Art of Annex XII states "Each year on 1st September Eurostat shall submit a report on the assessments and updates referred to in Article 1 of this Annex",
Art of Annex XII states "Any question of methodology raised by the implementation of this Annex shall be dealt with by Eurostat in cooperation with national experts from the relevant departments of the Member States and the qualified independent expert or experts. Eurostat shall convene a meeting of this group for that purpose at least each year".
WG on Article 83 of the SR. Doc Art83_07

4. WG on Article 83 of the SR. Doc. 20160627Art83_07
Actions performed (1/2)
Based on the above legal framework, Eurostat has:
Jan 2016: collected the relevant data required to determine the population of PSEO active members at 31st December 2015,
April-May 2016: proceeded to its provisional assessment of the PSEO,
May 2016: transmitted those provisional calculations to its external experts,
WG on Article 83 of the SR. Doc Art83_07

5. WG on Article 83 of the SR. Doc. 20160627Art83_07
Actions performed (2/2)
June 2016: transmitted those provisional calculations to the Art. 83 WG Members,
Today 27th June 2016, any involved methodological issues are being discussed with the Art. 83 WG Members,
By 1st September 2016, ESTAT will submit its yearly assessment report taking into account any new element which would justify a change to the current provisional calculations.
WG on Article 83 of the SR. Doc Art83_07

6. The Working Group is asked to express its views on this document
Thank you for your attention
WG on Article 83 of the SR. Doc Art83_07