Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-04-12-Speech-3-288"
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"en.20000412.10.3-288"2
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"Mr President, for how long will workers be forced to sacrifice one-third of their salary to government and state pension funds, in the hope of receiving a pension in their old age, while those government and state funds are so designed that they make pensions vanish faster than Houdini himself could have done? Mrs Laguiller, the people trusted the states and the governments, especially the pledges made by left-wing governments, but they have been left with peanuts. Every day, thousands upon thousands of elderly people reach retirement age and ask their governments, “Where are our pensions?” And the governments reply, “You are living too long and there is no more money left to give you”, concealing the truth. And what is the truth? The governments have squandered the funds and made off with the workers’ salaries. Shame on the Socialist governments for failing to provide for workers in their old age!
Despite the fact that there may now be a way of safeguarding this capital – the sweat of the brows of the workers – by capitalising pension funds, we are told that we must not do this, because the national governments want to get their hands on private pension funds as well. It is time to change the tune. We must give to Caesar what is Caesar’s and to God what is God’s."@en1
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