Labor Migrants’ Pension Mobility as a Symbol of Efficient Functioning of the Emerging Eurasian Economic Union
St. Petersburg, July 22, 2014 — The introduction of pension mobility within the emerging Eurasian Economic Union is an essential step towards regional economic integration, according to the «Pension Mobility within the Eurasian Economic Union and the CIS» report, launched today in Russia.
Initiated by the Centre for Integration Studies of the Eurasian Development Bank (EDB Centre) and the World Bank (MIRPAL regional migration program), the report introduces the concept of labor pension mobility between labor recipient countries (Russia, Kazakhstan, and Belarus) and labor donor countries (Kyrgyzstan, Tajikistan, and Armenia).
Pension mobility is a process of inter-state reciprocal recognition of labor migrants’ pension rights. According to the report, introduction of pension mobility in the context of labor migration processes within the emerging Eurasian Economic Union can build on the EU countries’ best practice experience.22 July, 2014