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BackWe generally support the initiative of the European Commission to launch a Europe-wide, public discussion and consultation on how adequate, sustainable and safe pensions can be guaranteed and how the EU can best support national efforts.
Unfortunately the positive principles mentioned, find only little consideration in the more detailed deliberations and conclusions of the Green Paper. Other weaknesses of the Green Paper are the inaccurate conclusions drawn from the financial and economic crisis and the fact that there is no discussion on how to finance the increasing costs of private capital-based pension systems. Another major shortcoming is the focus on purely demographic conditions concerning dependency rates (thereby the key impact of the future labour market development is pushed into the background).
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Josef Wöss
Contact by emailErik Türk
Contact by email