text: The only EU member state ever exempted from complying with this MTO procedure outlined above, was the former member UK, as it was exempted from complying with the SGP per a protocol to the EU treaty. In other words, while all other member states are obliged nationally to select a MTO respecting their calculated Minimum MTO, the calculated Minimum MTO for the UK were only presented by the European Commission for advice, with no obligation for the UK to set a compliant national MTO in structural terms.
  The Minimum MTOs are recalculated every third year by the Economic and Financial Committee, based on the above-described procedure and formulas, that among others require the prior publication of the commission's triennial Ageing Report. Although member states having an open "macroeconomic adjustment programme" covering the entire first year of which a recalculated "Minimum MTO" should have applied, shall not be subject to recalculation of its MTOILD due to an ongoing implementation of structural reforms as part of that program, and consequently will not be bound by any "Minimum MTO" for this specific threeyear period (i.e. Greece in 2012-15 and 2015-18, while a "Minimum MTO was calculated for 2010 due to its first 2010-12 programme only starting in May 2010). A Member State can also have its Minimum MTO updated outside the ordinary threeyear schedule, if it implements structural reforms with a major impact on the long-term sustainability of public finances (i.e. a major pension reform) – and subsequently submit a formal request for an extraordinary recalculation.