Does the PPF have to guarantee 100% of members’ benefits?

Potentially, yes. If the judges in the Court of Justice of the European Union (CJEU) follow the Opinion of Advocate General Hogan in the German case of PSV v Bauer (Case C-168/18).

This case, once again, raises the question of the extent to which an individual’s workplace pension benefits should be protected under EU law by an institution set up by a Member State to provide protection where the individual’s employer or former employer has become insolvent. Continue reading