Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-20-Speech-3-023"

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"Madam President, Commissioner, Mr President-in-Office, ladies and gentlemen, it is regrettable that, particularly in the country that I know best, this issue is still being treated in accordance with the completely outdated view that occupational pensions are a reward for long service to a company. This has not been the case for some time. Occupational pensions are in fact the second pillar of retirement provision, and they are often agreed collectively in connection with wage cuts; as such they are part and parcel of today’s living and working biographies. These biographies are characterised by mobility, career breaks and a wide variety of working conditions. In the lower income brackets it is barely possible to survive on the state pension nowadays. As a response to this reality the Commission proposal on the transferability of occupational pensions is consistent, logical and ambitious. Now that mobility is, firstly, desired and, secondly, an essential part of any career, it is inconceivable that both transferability and dormant rights should be deleted from a directive on occupational pensions. Anyone with this intention robs the younger generation of the opportunity to build up their own retirement provision. Anyone with this intention places a future burden on the public purse, because after a long but eventful working life people will be driven into poverty. I very much regret the fact that the Member States were not sufficiently willing to take this bold step forwards with the Commission. Part of the blame for the failure in the Council lies with the German Presidency for tabling an unacceptable proposal, and it should not hide behind the Netherlands. Even if there is still not majority support for transferability today, in the long term we must continue our efforts to secure retirement provision for the next generation, and we must achieve this goal together, if necessary one small step at a time."@en1

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