Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-316-000"
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"en.20110216.11.3-316-000"2
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"Demographic trends, in other words, the inverted population pyramid which we can expect in due course and the longer life expectancy, which we have the good fortune to enjoy, in which context older people remain healthy and active and participate in society for longer, make it necessary to consider a strategy for fresh cohesion and coherence in the field of pensions. There are major disparities between pension systems in Europe, and new Member States and their citizens face extra problems because it is so desirable to establish a diversified pension system (with several pillars), in order to spread risks. The financial and economic crisis has shown that no pension system is immune to such events but that large budget deficits, high unemployment and very limited scope for increasing the burden of taxation and other levies particularly hit pay-as-you-go systems, and some Member States, such as Lithuania, even had to take drastic measures, that is, reduce pensions, which in my opinion is intolerable and unacceptable. The Member States must make every possible effort and preclude such reduction measures, which are painful for the poorest people. I abstained on this report, because many of the decisions proposed are socially sensitive and there is also insufficient evaluation of the benefits and risks in the report, particularly when we are talking about increasing the retirement age or Member States losing influence in pension policy."@en1
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