Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-10-Speech-4-028-000"

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"Mr President, I understand very well the subsidiarity principle, but I believe that pensions have ceased to be a national concern as they are the subject today of an EU-level debate. We are discussing pension systems which are unsustainable as a consequence of common challenges such as the financial crisis, as well as of an ageing population and declining birth rate. The principle of intergenerational solidarity is at risk of becoming obsolete, with citizens being forced to contribute to private pensions. However, what happens to those who no longer have enough time to contribute to such pensions? European citizens also depend on public pensions. In Romania, the gross national minimum wage is approximately EUR 160. This is why I believe that investing in private pensions or saving is just pure fantasy. I think that the European Commission needs to be more involved by proposing both a minimum EU salary and pension level. A first step towards this could be to carry out a comparative pension system analysis."@en1
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