Letter to the editor. Remove the pension money from the stock exchange

The stock exchange race Shows that our pension system is vulnerable, insecure and incorrectly constructed. We have gone from a solidarity social contract to an individual risk -taking, where everyone is expected to be their own fund speculator. At the same time, banks and fund companies sit and charge fees, whether the value goes up or down. It’s absurd.

I want to see a pension system where security is restored. A system where pensions are paid on an ongoing basis through taxes and contributions, just like the health care and the school. A system that does not crash with Nasdaq.

In times of recession, when unemployment is high and there is free production capacity, the state should not withdraw – on the contrary. Then the central bank should be able to guarantee the liquidity for a secure pension payment system. Instead of staring blindly at the mood of the market, we should use the full capacity of the state to keep society underway.

We need to talk about To abolish fund -based pensions and return the pension promise to the public – where it belongs.

For security is not something you should « place right » to earn. It is something you are entitled to after a life in work.

It’s time to say stop. Take back control of our pensions – before the next stock market race strikes even harder.

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