TITLE IVINFORMATION TO BE GIVEN TO PROSPECTIVE MEMBERS, MEMBERS AND BENEFICIARIES

CHAPTER 1 General provisions

Article 36Principles

1.

Taking into account the nature of the pension scheme established, Member States shall ensure that every IORP registered or authorised in their territories provides to:

(a)

prospective members: at least the information set out in Article 41;

(b)

members: at least the information set out in Articles 37 to 40, 42 and 44; and

(c)

beneficiaries: at least the information set out in Articles 37, 43 and 44.

2.

The information referred to in paragraph 1 shall be:

(a)

regularly updated;

(b)

written in a clear manner, using clear, succinct and comprehensible language, avoiding the use of jargon and avoiding technical terms where everyday words can be used instead;

(c)

not misleading, and consistency shall be ensured in the vocabulary and content;

(d)

presented in a way that is easy to read;

(e)

available in an official language of the Member State whose social and labour law relevant to the field of occupational pension schemes is applicable to the pension scheme concerned; and

(f)

made available to prospective members, members and beneficiaries free of charge through electronic means, including on a durable medium or by means of a website, or on paper.

3.

Member States may adopt or maintain further provisions on information to be given to prospective members, members and beneficiaries.