Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-12-15-Speech-5-024"

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"Mr President, the Committee on Employment and Social Affairs has prepared an important report on the Commission communication. As the markets are only interested in young people and their purchasing power, it falls to politicians to attend to the issue of older people. In many EU countries it is being discussed whether existing pension rights and benefits can be safeguarded in the future. In many countries pensions have been promised although there are not the corresponding funds to pay them. When the single currency is introduced in the form of the euro and monetary policy is the same in all countries, those countries will be subjected to an enormous amount of pressure to cut pensions. Promises regarding pensions must be kept, but pensions must be secured with those countries’ own funds without payment of the pension being protected at the expense of the EU’s common monetary policy. It is a guaranteed income that will give older and elderly aged people the greatest sense of security. Employment is also one of the basic human rights, and Mrs Sbarbati’s report has rightly brought attention to age-based discrimination and ageism in working life. It is politicians who must safeguard the notion of equality in employment: the markets cannot."@en1

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