Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-07-04-Speech-3-129"

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"en.20010704.3.3-129"2
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"Madam President, the Karas report concerns professional pension funds. Today, Madam President, is not 4 July 2001: it is 4 July 2030. Do not worry about calculating how old we will be in 2030; just listen to the rest of this explanation of vote. In 2030, a French pensioner meets an English pensioner and says to him: ‘Look what a good pension we have got! Just think: in the year 2000, the European citizens’ pensions were less than half the size of ours. And how did we manage it? By adopting a further European directive compelling all the States to transfer all the pension funds paid to the State up until that time into professional funds, which managed the money well and thus generated good pensions’."@en1

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