EU launches public debate on the future of pensions - EU

The European Commission has on July 7, 2010 launched a Europe-wide public debate on how to ensure adequate, sustainable and safe pensions and how the EU can best support the national efforts.

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In particular, it aims to address the following issues: 

• Ensuring adequate incomes in retirement and making sure pension systems are sustainable in the long term
• Achieving the right balance between work and retirement and facilitating a longer active life
• Removing obstacles to people who work in different EU countries and to the internal market for retirement products
• Making pensions safer in the wake of the recent economic crisis, both now and in the longer term
• Making sure pensions are more transparent so that people can take informed decisions about their own retirement income 

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The consultation period will run for four months (ending 15 November 2010) during which anyone with an interest in the subject can submit their views via a dedicated website. The European Commission will then analyse all responses and consider the best course for future actions to address these issues at EU level.