Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-03-01-Speech-4-104"
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"en.20010301.3.4-104"2
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"Mr President, this is a cooperation agreement between the European Union and Chile. I voted for the motion, and in this explanation of vote I cannot help stressing that, insofar as I am competent in the matter of pensions, I am aware of the problems we are having in paying pensions in Italy and throughout the 15 Member States of the European Union. I hope that the method first used in Chile of changing from a pay-back system to a contributory system can be introduced in Europe. You surely know, Mr President, that in Chile there has been a pension revolution: whereas pensioners could barely live on the miserable pensions there used to be before, now, through investment in pension funds, regulated and controlled by the State, the size of old-age pensions has bloomed again. So why should we not do here what they have done in Chile?"@en1
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