The Cross Border Benefits Alliance-Europe (CBBA-Europe) is a new Brussels-based advocacy organization, aimed at promoting the creation and development of cross-border/pan-European employee benefit plans in Europe, including – but not limited to – pensions, healthcare, disability, long-term care, or programs for the well-being/wellness of people in the workplace and private life.
The Alliance is strongly convinced that the current national barriers to the creation of cross-border employee benefits represent a useless burden and foolish costs for sponsor companies and future beneficiaries. Therefore, CBBA-Europe will advocate the EU and its Member States to remove such obstacles, being them of legal, taxing, administrative, or political nature. Economies of scale, simplicity in administration, full portable social benefits, costless mobility of workers and consistent taxation formulas would be beneficial for both, the EU internal market and the European Social Model. In addition, huge capitals potentially accumulated by these pan-European funds might be invested in the European economy, and contribute to the completion of the Capital Markets Union (CMU). More in general, the Alliance strongly believes that the economic and social objectives in the EU are not – and should not be – in conflict, but they can rather go hand-in-hand, and be beneficial to each other: a “social market economy” is clearly mentioned in the Treaty on the European Union as a typical feature of the EU (article 3.3).
The Alliance is extraordinarily transversal with regards to its members: heterogeneous entities are – and always will be – welcome to be part of the Alliance, such as multinational sponsor companies operating in several Member States of the EU, sector-wide employee benefit funds including representatives of the employers’ and workers’ side, national and European trade unions, insurance, mutualistic and bilateral social protection (benefits) providers; industry of the social protection such as pension or healthcare funds administrators, actuaries, lawyers or consultants; academic representatives; consumers’ organizations; national and international associations representing companies, social protection funds, professionals in the field, etc.
CBBA-Europe aims at interacting with the EU institutions, national governments and supervisory authorities, by raising questions in need of solutions on behalf of its members, and proposing its normative and practical solutions.
The first institutional goal of the Alliance is to be recognized as an influential, valid and constructive interlocutor of the decision-makers, by participating in working groups, drafting reflection papers, creating reports, organizing public events, etc. Its internal organization will be made up of a General Assembly, a Board of Directors, and technical and strategic committees.
A scientific council of academic experts has been created as well.