European lawmakers were only required to pay into the fund for two years to receive a lifetime pension Some Members of the European Parliament (MEPs) paid into a pension scheme which held assets in the Cayman Islands, Bermuda and other countries in which taxes were levied at a low rate, in spite of a European Parliament (EP) crackdown on tax havens, EUobserver is reporting. The investments were made during the 2008-2010 financial crisis which led to a deep economic malaise and to mass austerity cuts that impacted large swaths of European citizens, EUobserver, a non-profit and independent online news source, said o
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