Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-05-16-Speech-3-227"

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"Mr President, this is a very good report. It has received widespread approbation in the committee and I hope that when it is voted on tomorrow it will receive similarly widespread support throughout the House. The matter of pensions is a hugely important issue, and I say that not just because I have a vested interest in this matter, being close to pensionable age myself: it is an issue of increasing importance to the people, for example, sitting up at the top in the gallery there. Today's youngsters will need a pension in the future. We must remember that these generations deserve the same sort of pension security and safety and sustainability as that which we are talking about for ourselves. I really just wanted to make a couple of points: there are two amendments that we have put in for the vote tomorrow which very nearly got in through the committee and were only just defeated, and I hope that when they are re-submitted tomorrow in the name of the EPP-ED Group, the whole House will be able to support them. They are to do with recognising that pay-as-you-go schemes can no longer be exclusively relied upon to keep people's pension expectations fulfilled and also exhort Member States to sort out their tax and spending policies. It is all very well for us to wish that people should have a safe and secure pension, but for this to happen, pensions have to be sustainable, the funding has to be put in place. Anything less than that and we would be betraying the generations which are looking to us for support and we must not let them down."@en1
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