Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-168-000"
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"en.20110216.11.3-168-000"2
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"Mr President, we have adopted an extremely important report on pension systems in Europe. We are in fact facing serious demographic challenges. The birth rate is very low, life expectancy is increasing, and public spending is growing due to ageing societies. Debates on raising the retirement age are being held in many countries. The current economic and demographic situation forces us to give serious thought to this issue.
As I said, life expectancy is increasing. We are working under better conditions, which allows us to work for longer. Pension systems fall under the competence of the Member States. However, the time has come for them to be coordinated at EU level, for example in relation to the functioning of the internal market and the requirements of the Stability and Growth Pact. Expenditure on pensions and medical treatment significantly affects the state of public finances in the individual Member States. We need to encourage people to extend their careers by means of improved working conditions and higher wages."@en1
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