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You'll need some sort of streamlining. Some pension systems have the employer pay into a (private or public) pension fund. Others are based solely on the number of years you have worked. Yet others are based on the number of years you have lived in a country, or been a citizen of the country.

Being able to transfer pensions across borders would, perhaps, help (or it would create a carry trade in which pensions adjusted for high cost of living countries are taken to low cost of living countries, which may or may not be a good thing). But some harmonisation will be necessary to make the system practical.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Oct 22nd, 2010 at 06:00:41 AM EST
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