Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-20-Speech-3-134"
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"en.20070620.17.3-134"2
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"Supplementary pension schemes, collectively referred to as the 'second pillar of the social insurance system’, are an inseparable part of modern society. We have witnessed in the past the reform of labour markets and social insurance systems in several Member States, and these have included pension system reforms. Let me use Slovakia as an example of a country which introduced supplementary pension schemes within the context of reforming the social security system. A large number of Slovak nationals have already joined the second pillar.
Savings generated in the second pillar are privately owned. They are more secure than the promises of the state to pay out pensions from public coffers. An advantage of the second pillar is that pension benefits no longer depend on the country’s demographics but on savings accumulated in one’s own account. For these reasons and in the spirit of encouraging worker mobility in Member States, I have welcomed the draft directive designed to improve the portability of supplementary pension rights, and I believe that this will make it possible to reduce the number of problems associated with eligibility for pension rights, retaining suspended pension rights and with the portability of acquired rights."@en1
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