Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-20-Speech-3-044"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20070620.2.3-044"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"Madam President, I fully support mobility of workers and greater portability of pensions, but it is important that this proposal on a very complex and specialist issue does not result in a reduction in the number of employers willing to offer voluntary pension schemes to employees. We need to allow employers who can afford to do so to offer generous pensions in order to attract and reward high-calibre personnel.
A recent Eurobarometer survey shows that 50% of younger employees and 30% of those in the 45-54 age group all expect to change jobs within the next five years, so making sure pensions savings follow employees throughout their career should be our goal. In this regard, I support our rapporteur Mrs Oomen-Ruijten’s efforts on the preservation of dormant rights.
As Member States’ statutory pension schemes face increased challenges on demographics and the dependency ratio, supplementary pension schemes are becoming more and more important. However, companies need to be able to offer pensions at an entry level that is viable for them. I can live with the compromise reached by the Council on this matter that, in cases where schemes stipulate a minimum age, this may not exceed 25 years. In Ireland, 54% of all employees are in occupational pension schemes, and the vesting period is two years. This works well for us, but I can accept a five-year vesting period to alleviate cost fears and to achieve a compromise to ensure the transfer of capital from the private sector pension schemes without undermining them.
I hope there is a resolution of difficulties sooner rather than later and that the Commission’s revised proposal charts a more acceptable path both for the Council and for Parliament. After all, our objective is, as the Commissioner said, not harmonisation, but minimum requirements, to ensure that it is not a case of ‘You move, you lose your deferred pension rights’."@en1
|
| lpv:spokenAs | |
| lpv:unclassifiedMetadata |
Named graphs describing this resource:
The resource appears as object in 2 triples