Friday, November 21, 2008

European Parliament Report on Social Security Addresses Workplace Issues

Concerned that the increasing ageing population will affect social security systems, members of the European Parliament, in an own-initiative report, expressed their preoccupation with maintaining the core of European social models and, among other thngs, recommend encouraging higher employment rates.

According to the summary of the non-legislative resolution "Future of social security systems and pensions: their financing and the trend towards individualisation", the Parliament stresses the need to enable flexible retirement on a voluntary basis and suggests that it will necessary to discuss at national level raising the legal retirement age and encouraging workers to remain in employment on a voluntary basis, as long as conditions permit.

Source: European Parliament Press Release (November 20, 2008)

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