Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-307-000"

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"en.20110216.11.3-307-000"2
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"− The current crisis has highlighted a problem which, it became apparent, was serious: the bankruptcy of the social security systems. In truth, the proximity of the reversal of the age pyramid – as a result of demographic changes caused by the population’s increased longevity – is threatening the financial sustainability of the pension schemes. On the one hand, the number of unemployed is increasing; on the other, more funds are being expended on pension payments. Moreover, young people are entering the labour market increasingly later, and so are not taking part in the contributory system. Since we do not want ‘old age’ to become synonymous with poverty, we must create a guaranteed minimum pension that grants quality of life to the elderly. Such a measure will help to eradicate poverty and enable older people to live in dignity. All these problems are reflected in the European Commission’s Green Paper on pensions. What is now needed is a series of policies coordinated at EU level. I therefore express my full agreement with this report’s conclusions, and welcome the initiatives aimed at intergenerational solidarity that will allow all pensioners a sustainable and dignified income."@en1

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