Launching a project competition within THE FRAMEWORK OF THE EU employment and social innovation programme

Under THE EU Programme for Employment and Social Innovation (2014-2020), project contest VP/2014/014 “Promoting the contribution of Private Savings to Pension Adequacy” (the contribution of private savings to adequate pensions) is launched.

The aim of the competition is to support cross-border cooperation between pension providers and financial services providers and other interested parties with a view to improving the quality of supplementary pension schemes and their contribution by providing income after retirement.

The aid may be granted in 2 directions:

1. Based on the good practice code of the White Paper, the employer pension scheme for the establishment of a voluntary voluntary label (Quality Label). Voluntary quality labelling should be developed and managed by stakeholder organisations or their associations.
2. International pilot projects on the conversion of pension schemes and other (especially apartments) assets into a guaranteed pension income stream.

Project activities
- conferences and seminars;
- training;
- awareness-raising and other information measures;
- actions aimed at networking and improving the exchange of good practice;
- research, analysis, project development;
- studies;
- and others.
Funding

The funding available for the maximum project tender is EUR 1 000 000. Project funding: EUR 300 000. The planned aid is available not more than 80% of the total eligible costs of the project. Project applicants should ensure co-financing OF 20% from own resources or other sources, with the exception of the European Union budget. As part of the project competition, the Commission intends to grant funding for 2-3 projects.

Maximum duration of project implementation: 24 months. Project activities should be initiated within 2 months of signature of the Grant Agreement.

Projects are eligible to be submitted by an international consortium consisting of a leading partner and co-applicants. The managing partner must be a non-profit-making organisation active in the field of private pensions or the provision of financial services pensions. Partners may be non-governmental organisations as well as international organisations.

The consortium shall be composed of at least 5 Member States.

Project login deadline:

up to 2014 23 December. Indicative Planned Contract Time - 27 March 2015.

Submission of project applications

Project applications must be submitted electronically, filling in on-Line application form “SWIM” on the Internetas well as printed and signed applications with accompanying documents (1 original and 2 copies) to the following address:

European Commission
Call for proposals VP/2014/014 — DG EMPL. D.3
Rue Joseph II 27 – 01/244
B-1049 Bruxelles
Questions can be sent to official e-mail: empl-vp-2014-014@ec.europa.eu

and empl-swim-support@ec.europa.eu (on technical problems).

Information on the project tender, as well as the application form and the financial guidelines for applicants, can be found on the website of THE EC Directorate-General for Employment, Social Affairs and Inclusion: http://ec.europa.eu/social/main.jsp?catId=629&langId=en&callId=419&furtherCalls=yes

Contact person in Latvia
Elita Alexandrovska
EU Structural Funds Department of the Ministry of Welfare
senior rapporteur
Tel. Address: school street 28, Riga, Latvia, LV-1331
Phone: 67021565, e-mail address: Elita.Aleksandrovska@lm.gov.lv

Source of information: Ministry of Welfare