1 / 7

Pension Schemes Reporting under ESA 2010 Regulation

Learn about ESA 2010 reporting framework for pension schemes, including data transmission requirements and methodological guidance. Understand the methodology, main rows, and coverage of pension entitlements. Ensure compliance with the deadline for data reporting.

kenyon
Download Presentation

Pension Schemes Reporting under ESA 2010 Regulation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2017 Eurostat exercise: purpose and general reporting framework under ESA 2010 ILO/Eurostat workshop 26 April 2017 John Verrinder, Eurostat C1

  2. The ESA 2010 reporting framework ESA 2010 Regulation established: • Methodology (e.g. for pensions) • Transmission programme (tables covering wide range of national accounts data) • Of which, Table 29 ("Accrued-to-date pension entitlements in social insurance") • Note link to "System of National Accounts" (2008 SNA) worldwide system – flexibility on recording government schemes

  3. ESA 2010 TP Table 29: Data transmission requirements • Frequency: every 3 years • Period covered: 2012 - voluntary from 2015 - compulsory • Deadline: t + 24 months: 31/12/2017

  4. Coverage of pension schemes • Only "social insurance" • Columns for private (defined contribution /defined benefit) and public (government employee/social security) schemes • Full articulation of changes from opening to closing balance sheet of entitlements

  5. Main rows • Opening stock of entitlements • Contributions received • Benefits paid • Service charges • "Other actuarial changes" (social security) • Transfers, scheme changes, changes in assumptions • Closing stock of entitlements

  6. ESA 2010 TP Table 29: Data transmission requirements • Frequency: every 3 years • Period covered: 2012 - voluntary from 2015 - compulsory • Deadline: t + 24 months: 31/12/2017

  7. Methodological guidance • ESA 2010 (chapter 17) • Technical Compilation Guide for Pension Data in National Accounts Includes guidance on assumptions • Specific Q&A (on Eurostat dedicated site)

More Related