Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-04-12-Speech-3-286"
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"en.20000412.10.3-286"2
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"Mr President, the ageing of the European population means that we will have huge problems when it comes to footing the bill for our statutory pension schemes. Member States where supplementary schemes are under-developed compared to statutory pension schemes will feel the pinch most. Unfortunately, we are forced to note that this is the case for the majority of Member States.
A developed collective system of supplementary pensions, compulsory if so required by the relevant Member State, considerably reduces the dependence on demographic factors and enables the pension fund, in the role of investor, to derive maximum benefit from the possibilities which financial markets have to offer. Needless to say, the objective of making employees more mobile and flexible within a large single European market and the euro zone will inevitably lead to interest in supplementary pension schemes. One of the philosophies underlying the European Union and the Monetary Union requires that the internal market should be used to the full. As such, you, as a worker, should be able to take your accumulated pension rights with you to another European country. To this end, we need to develop a legal framework at European level at the earliest opportunity. Why should a German employee, for example, have to wait ten years before he has built up a pension and a Dutch person only one year? As such, this German person suffers a considerable handicap with regard to mobility. What is more, the fiscal treatment of pensions at the time when contributions are made and at the time of payout should be brought into line. Commissioner, you deal with taxes, what is the latest on this score?
I have to say that this parliamentary discussion seems to be more about a complete harmonisation than coordination. This, unfortunately, is at the expense of Member States which already have their house in order. One such country is the Netherlands, initially presented as a role model for all other Member States and gradually relegated to curiosity status. But the Dutch system is a worthy system which accepts old age, surviving dependants and vulnerable groups within the labour market as they are. The supplementary pension scheme is based on collective feeling and solidarity. This enables SMBs – and specifically SMBs with reference to the UK MEPs – to cover biometric risks at relatively low cost. Top of the list are payability and security, which is not the case for the proposals submitted by some MEPs. Mr Bolkestein, how do you intend to bring the discussion back to the crux of the matter, namely mobile pensions for mobile people?"@en1
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