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Bill: Right To Choose a Pension Act -2172-
Details
Submitted by[?]: Liberal-Progressive Union
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: May 2173
Description[?]:
| The current law forces people to set aside their income, and for many people it is against their will. It also currently provides a optional private pension which can be used along with the mandated public pension. The purpose of this bill is to allow people to decide for themselves if they want to begin investing in a private pension plan at a time of their own choosing, and the amount of money that they choose to put in. It gives more control for people to manage their pensions and allows for others to decide not to invest in a pension if they choose not to. |
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: The state does not operate a pension system. Individuals must save up for retirement on their own.
Debate
These messages have been posted to debate on this bill:
| Date | 09:31:26, January 18, 2006 CET | From |  Liberal-Progressive Union | To | Debating the Right To Choose a Pension Act -2172- |
| Message | The only people this will greatly effect are those who unwillingly are paying into a public pension. This doesn't change the posistion the willing contributers. It should be a pay as you go and wish and recieve what you contribute. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 75 | |||||
| no |
Total Seats: 216 | |||||
| abstain |
Total Seats: 109 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "Aristocracy and exclusiveness tend to final overthrow, in language as in politics." - W. D. Whitney |