MEPs' report underlines role of public pensions


A report agreed in the European Parliament earlier this month emphasises that "the key priority of public policy should not be to subsidise third-pillar schemes, but to make certain that everyone is adequately protected within a well-functioning and sustainable first pillar". The report also stresses the need to increase the employment rate and to gradually introduce measures to ensure sustainable systems. Rather than a call to increase retirement ages, the report focuses more on bringing actual retirement in line with existing retirement ages.
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