Researcher mobility is a driver of excellence in research. However, researchers face many difficulties in preserving their workplace pension beneﬁts when moving between different countries. RESAVER is the answer to that challenge.
Read on for more about the elements of RESAVER. Use the submenu to drill down to the detail.
RESAVER Pension Fund
The RESAVER Pension Fund manages multiple workplace deﬁned contribution pension arrangements across multiple countries, each compliant with the applicable local social and labour laws.
- Joining RESAVER Pension Fund rather than a local pension plan will not increase your tax on contributions or benefits.
- The RESAVER Pension Fund is based on a deﬁned contribution approach.
To ﬁnd out more, visit the RESAVER Pension Fund pages.
RESAVER Insurance is made up of two sections:
- a workplace pension section; and
- a private pension section.
Workplace pension section
This is offered as a short-term solution to organisations registered in countries not yet part of the RESAVER Pension Fund.
Once the country is set up in the RESAVER Pension Fund, RESAVER Insurance funds are transferred to the RESAVER Pension Fund.
Private pension section
This can be used by individuals who work with you, but who do not have employment contracts and so cannot be included in a workplace pension plan.
To ﬁnd out more, visit the RESAVER Insurance pages.
In order to take part in RESAVER, an organisation must ﬁrst join the RESAVER Consortium. This is an essential part of RESAVER that enables organisations to be represented as a single unit.
The RESAVER Consortium's purpose
This is to promote and deliver RESAVER as an operational solution – for researchers to preserve their workplace pension beneﬁts when moving between different countries and organisations.