Translation of "régime des opérations personnelles des salariés " (French → English) :

25. Acknowledges that business succession, additional funding, staff retention and other problems characteristic of SMEs can be alleviated by employee share ownership plans; is of the opinion that employee ownership schemes in small and micro enterprises can be combined with labour market measures, such as unemployment benefits, and thus help to reinstate the unemployed;

That the federal government urgently address the undue financial hardship of employees who have acquired stock from their employer through either a stock option plan (ESO) or a stock purchase plan (ESPP), have been assessed a tax benefit based on unrealized gain at the time of acquisition where that tax liability greatly exceeds any eventual realized gain, their means to pay and, in some cases, their personal net worth, [.]

5. Points out that, since the mid-1990s, there has been an increasing number of pension funds and insurance companies with holdings in HF and PE and that their failure would negatively affect the pension entitlements of the pension schemes' members; calls on the Commission, in reviewing Directive 2003/41/EC, to ensure that employees or staff representatives are informed directly or via trustees about the way in which their pensions are invested and the associated risks, and that they have a say therein and calls on the Member States to use best practice to ensure that company pensions acquired by employees are shielded from bankruptcies ...[+++];

The associated issues, not directly linked to the transfer, such as the special right to distribute the "livret A" (a tax-free savings account for which La Poste has enjoyed a special distribution right since 1881), the unlimited state guarantee granted to La Poste and the welfare schemes for La Poste employees reassigned to Banque Postale, will be examined separately.

Particular mention, among the parameters, should be made of those seeking to improve insured persons' rights, through extension of the Regulation's personal scope (parameter 2) and material scope (parameter 3), improve cross-frontier access to care for retired frontier workers on a pension (parameter 8), extend the unemployment chapter to cover self-employed schemes and simplify the conditions for exporting unemployment benefits (parameter 10), and extend pensioners' and orphans' rights as regards family benefits (parameter 11).

Failure by a State to comply with its obligations · Infringement of Article 13(2)(f) of Regulation No 1408/71 · National rule providing for personal contributions to be levied on Belgian occupational sickness pensions payable to persons who no longer reside in belgium and are no longer subject to the Belgian social security system.