1.
Member States shall, in respect of every IORP registered or authorised in their territories, ensure that: the IORP has implemented properly constituted rules regarding the operation of any pension scheme; where the sponsoring undertaking guarantees the payment of the retirement benefits, it is committed to regular financing.
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Source: EUR-Lex (Cellar) · retrieved 2026-10-27 · Text as adopted (Official Journal); later amendments are not incorporated in this text.