Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-15-Speech-2-520-000"
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"en.20110215.28.2-520-000"2
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"Madam President, ladies and gentlemen, in the Europe of the Stability Pact – and tomorrow the competitiveness pact – pension reforms are in the firing line.
How can we save pensions when the European Union requires the Member States, which are now in deficit, to have balanced their budgets by 2013? Your solution is to push the retirement age up to 67 and to carry out profound reforms of pay-as-you-go pension systems to reduce benefits for insured people. Furthermore, the report is not wrong there, since it calls for a guaranteed minimum level for pensions, which you are forcing us to guarantee to foreigners arriving on our shores who have never contributed.
Moreover, counting direct public pension liabilities, as advocated in this report, will further increase the pressure on the Member States and will force them to develop pension funds based on capital formation, and we are obviously well aware of the major risks these pose.
Pension systems fall within the competence of the Member States. Yet, against the wishes of the people, you are introducing an unprecedented budgetary stringency. Employed people, civil servants and retired people in Europe will be the adjustment variable in order to save the euro and to save your ultra-liberal Europe."@en1
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