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Bill: Pension reform act
Details
Submitted by[?]: Freedom 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: July 3451
Description[?]:
| Since many people today go without having pensions, thanks to the state pension being voluntary, just like the private ones. This is unacceptable and cannot go on. The Werin Da proposes a combination of the best of the two systems: make joining the pension system obligatory for all citizens, but hand it's management over to private entrepreneurs. In this way we shall ensure both the universality and the effectiveness of the system. |
Proposals
Article 1
Proposal[?] to change The government's policy concerning the pension system.
Old value:: The state offers a voluntary public pension, combined with other voluntary private pensions.
Current: The state operates a compulsory, public pension system.
Proposed: There is a compulsory private pension system.
Debate
These messages have been posted to debate on this bill:
| Date | 17:12:59, March 06, 2013 CET | From | Gukmindang | To | Debating the Pension reform act |
| Message | Madam Speaker, we support the principle of making it compulsory for people to save for their old age. Otherwise, with people living longer and longer, we will sleepwalk into a crisis where growing numbers of people cannot afford to maintain themselves in old age. We would prefer a public pension system rather than a multitude of private schemes, but despite this reservation, we will support this Bill as an improvement upon the status quo. Haneul Han MP General Secretary of the Gukmindang |
| Date | 21:20:21, March 06, 2013 CET | From | Grand National Party | To | Debating the Pension reform act |
| Message | Madam Speaker, if some individuals prefer to save up for their retirement without purchasing any kind of pension scheme, they should be permitted to do so as a part of their autonomy. Coercion is not a viable way of targeting the issue of retirement, neither in public nor private sector-based concepts. Herman Boxhall MP Member for Valdor GNP Parliamentary Leader |
| Date | 22:46:32, March 06, 2013 CET | From | Gukmindang | To | Debating the Pension reform act |
| Message | Madam Speaker, many people need to be "nudged" a little, or else they will not voluntarily put aside the necessary savings for their retirement. This is why we accept the element of compulsion proposed here. Haneul Han MP General Secretary of the Gukmindang |
| Date | 22:54:46, March 06, 2013 CET | From | Radical Liberal Party of Dranland | To | Debating the Pension reform act |
| Message | Madam Speaker We would support a compulsory system because without them then there might be no competetion or much more less gains through the fund but what we oppose is that pension funds privitization. Yvette Rochelle MP Frm.Governor of Loren |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 228 | ||||||
| no |
Total Seats: 471 | ||||||
| abstain | Total Seats: 0 |
| Random fact: You can view helpful ideological statistics about the regions in your nation on the region pages. You can also view detailed political opinions and the importance of them there as well. |
| Random quote: "Our greatest glory is not in never falling, but in rising every time we fall." - Confucius |