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Bill: Private Pensions Act
Details
Submitted by[?]: National Conservative Conference
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: July 2136
Description[?]:
| All OAP's should own a compulsory private pension. |
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 operates a compulsory public system combined with an optional private pension.
Proposed: There is a compulsory private pension system.
Debate
These messages have been posted to debate on this bill:
| Date | 23:33:04, November 03, 2005 CET | From | Maroon Party | To | Debating the Private Pensions Act |
| Message | This is hardly an improvement. We support a voluntary public pension system. |
| Date | 15:32:15, November 04, 2005 CET | From | Independent Party | To | Debating the Private Pensions Act |
| Message | We believe that pensions should be voluntary. Whether they should be state run, privately run, or both is not something that we're bothered about either way. |
| Date | 15:59:30, November 04, 2005 CET | From | Maroon Party | To | Debating the Private Pensions Act |
| Message | We agree with the Independent Party; people should be restored to their original preferences between present and future consumption and their preferences should not be skewed by anything other than the interest rate and their own impatience, or it will create an imbalance in the credit market. |
| Date | 18:02:33, November 04, 2005 CET | From |  Liberal Realism Party | To | Debating the Private Pensions Act |
| Message | The Liberal Realists agree with the Maroons and Independents, but by dismantling the federal social security administration and approving this law, it takes us one step closer to voluntary private pension systems. |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 0 | ||||||
| no |
Total Seats: 200 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Real-life organisations should not be referenced in Particracy, unless they are simple and generic (eg. "National Organisation for Women" is allowed). |
| Random quote: "The man who prefers his country before any other duty shows the same spirit as the man who surrenders every right to the state. They both deny that right is superior to authority." - John Dalberg-Acton |