Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-15-Speech-2-525-000"
Predicate | Value (sorted: default) |
---|---|
rdf:type | |
dcterms:Date | |
dcterms:Is Part Of | |
dcterms:Language | |
lpv:document identification number |
"en.20110215.28.2-525-000"2
|
lpv:hasSubsequent | |
lpv:speaker | |
lpv:spokenAs | |
lpv:translated text |
"Madam President, it seems to me that, with the help of the rapporteur, we have come up with a number of very balanced answers to the question put by the Commission. There are two points where, in my opinion, the European Union does indeed bring added value.
If we recognise the importance of the first pillar, which makes sense, then we must also admit, at the same time, that the health of our public finances is equally important, since it is sound public finances that underpin the first pillar. Next, you have to recognise the long-term strain that pensions are putting on the government and make that very clear. I think that the Commission and the European Union have a responsibility to make that clear to each Member State, so that everyone can see where the risks and the difficulties lie.
My second point is that the European Union plays a particular role in the second pillar, as well. There, you have pointed to the importance of Solvency II. What we are asking for here is that the Commission examine the risks in the longer term and that it makes clear in its rules how those risks should be hedged. I think that there, you have to specifically consider the long-term risk of pension systems in general: not just of one type, but of all pensions systems under the second pillar. So, there is a job that needs doing.
When I look at the figures, as Mrs Harkin has done, I am afraid that we have not hedged all the risks in all the Member States of the European Union."@en1
|
lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples