Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-12-17-Speech-2-188"
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".
Mr President, in reply to the first question, I agree. As I pointed out in my introduction, the problem is not just one of raising the retirement age; we also need flanking policies to help older people stay in or, in many cases, enter the labour market, which is why I referred to both the stability pact and the employment strategies.
May I remind you that one of the basic objectives of the employment strategy is to integrate older people. We can achieve this through specific training proposals and measures and special incentives. May I also remind you that Commissioner Monti and I recently decided that support for older people during the first stage of their integration into the labour market does not qualify as state aid. This therefore is our approach. We cannot raise the age limit unless we introduce policies at the same time to support the integration of older people.
In reply to Mr Fatuzzo’s question about the internal redistribution of pensions, we must remember that this is a purely national model and that it is in fact up to each government to decide what type of pension it is going to grant and where, depending on the model and principles it has decided on. However, to come back to one of the basic lines of approach of the strategy, the adequacy of pensions, again specific action is being taken to define present policies and future indicators for sections of the population which are at risk of exclusion or have particular problems, such as single-parent families, which I mentioned, or the question of women. The Member States must therefore say what they have done under each of these lines of approach in the reports they submit. So if there are specific sectors which guarantee adequacy, each Member State must highlight and state what measures it has taken in its reforms.
In reply to Mr Pronk’s question on the age of 60 or 65, there is no directive which sets the retirement age in the Member States. Each Member State sets it on the basis of its economic analysis and capabilities. At present, all the Member States have a lower limit of 65. France is an exception, but sets other requirements, and the Scandinavian countries are trying out a new approach and tending to abolish the age limit, which might go up to 67 or down to 60, with pensions being adjusted in line with the retirement age.
Finally, as far as the question of the management of financial organisations and funds is concerned, I am not sure if I fully understood the question, but what I would say is that public pension funds are obviously subject to the general financial stability framework of each country, as far as private pension funds are concerned. I would remind you that a recent Commission directive introduced important safety valves for the safe management of these funds."@en1
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