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Bill: Undoing the Damage Act
Details
Submitted by[?]: People's Party
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: October 2086
Description[?]:
While some members of the Council were a certain party sneaked therough a bill to subvert the pension system in this country. This bill would restore the status qou. |
Proposals
Article 1
Proposal[?] to change The government's policy concerning the pension system.
Old value:: The state operates a compulsory public system combined with an optional private pension.
Current: The state offers a voluntary public pension, combined with other voluntary private pensions.
Proposed: There is a compulsory private pension system.
Debate
These messages have been posted to debate on this bill:
Date | 11:35:20, July 23, 2005 CET | From | Right Wing Liberals Party | To | Debating the Undoing the Damage Act |
Message | I dont know. |
Date | 00:06:18, July 25, 2005 CET | From | Liberal Party for Equality | To | Debating the Undoing the Damage Act |
Message | If it passed, it wasnt subversion or sneakery, it was your own fault for not being around. I supported the private system as the best compromise at the time, but this is the position I have been aiming for all along, and I dont want it to change. |
Date | 05:53:22, July 25, 2005 CET | From | People's Party | To | Debating the Undoing the Damage Act |
Message | I was around ...but most of the house wasn't how is that anyone's fault but the person who brought it to vote? All I wanted was a debate, SLP wouldn't even argue it...the merits or demerits of such a thing.. The problem is, that you're punishing people by forcing them to stay poor even in retirement. People who could be millionaires, are instead forced to live in penury, drawing on welfare, or continue working into their last days to survive. No wonder you seem to like that -it gives you a big constituency that is dependent on handouts. The second problem is that any govt system relies on pension contributions from the young to sustain it. But in a rapidly ageing society such as ours, this system will quickly exhaust itself. Instead lets just make matching contributions for poor people within a private system so they too can enjoy a good retirement. |
Date | 22:46:50, July 26, 2005 CET | From | Liberal Party for Equality | To | Debating the Undoing the Damage Act |
Message | Actually, once you look at the population graphs in our regions, assuming very few five year olds die each year our birth rates have increased in the last five years. We don't have an ageing society, even if your beloved CIA handbook says so - this is one area in which we do have our own data. so a minimal state pension, supplemented by a private system, is perfectly sustainable. |
Date | 13:58:20, July 27, 2005 CET | From | People's Party | To | Debating the Undoing the Damage Act |
Message | The demographic profiles Lievens has provided does not match that of a developed country which typically demonstrate an aging population. Rather, the profile matches that of a developing country with a disproportionate number of young citizens. If we do as you say, we would have to implement the economic stats of a developing country as well, which would mean our revenues would be hit.. Therfore I suggest we wai till the economy is implemented, and till it has caught up with where we are before we make the transition to these new stats |
Date | 14:07:13, July 27, 2005 CET | From | SDP | To | Debating the Undoing the Damage Act |
Message | I feel there should be a state element |
Date | 21:25:40, July 27, 2005 CET | From | People's Party | To | Debating the Undoing the Damage Act |
Message | SDP the State cannot grow your wealth as fast as you can- we should want people to to go from $50,000 to $100,000, from there onward to how much ever they can achieve...With the state it will be a tough job to increase it even to a $100,000 over a lifetime. So then what do you retire on? |
Date | 21:35:03, July 27, 2005 CET | From | People's Party | To | Debating the Undoing the Damage Act |
Message | There is already a state element- we force people to save a good deal of their money . All socialgreens does is say that people will earn less on those savings than they could. In other words, it's a punishment, inflicted on those who are saving and investing for their future. Since when did this itself become a crime? Besides you already voted against socialgreens bill. Voting NO will hurt you. |
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Voting
Vote | Seats | |||
yes | Total Seats: 89 | |||
no |
Total Seats: 176 | |||
abstain | Total Seats: 20 |
Random fact: Alduria, Rildanor and Lourenne all have Canrilaise (French) cultures. |
Random quote: "I am working for the time when unqualified blacks, browns, and women join the unqualified men in running our government." - Cissy Farenthold |