On 18 January Insurance Europe co-signed a joint statement together with 12 other employer associations, voicing concerns over the European Commission’s proposal for the European Pillar of Social Rights (EPSR).

The statement highlights the importance of proper implementation and enforcement of existing EU social legislation. It also calls on the European Commission to acknowledge that stimulating economic growth and expanding employment can contribute to a solution for the current social challenges.

The statement points out that national social systems need to be adapted to the changing economic and social realities caused by the high pace of technological innovation and digitalisation. For instance, by re-skilling or up-skilling workers who will be affected by these developments. It also emphasises that the EU, member states and social partners need to work together to support the necessary reforms.