The Malta Independent 6 June 2024, Thursday
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Opinion Surveys needed before pension’s law

Malta Independent Tuesday, 22 November 2005, 00:00 Last update: about 20 years ago

During the last budget, the Prime Minister presented the final report on the pension reform to be discussed in parliament in the coming days. Media writers and presenters usually wait for an issue to be concluded, in order to investigate the opinion of the general public in newspapers, radio and television programmes. But then, it would be too late! What’s the use of criticising something and protesting after it is finalised and all possible discussions are closed! Just to let off heat, perhaps?

So, I suggest that for once, a good opinion survey be carried out before the government takes a final stand about the pensions “time-bomb” issue. In my humble opinion, I would ask people what they think about the following facts and queries:

• If “pensions” are supposed to be a national issue, do you agree that those in their early 50s should be barely affected by the increase in retirement age?

• Do you agree that those bound to serve the nation for 25 years should not shoulder any extra part of the burden vis-à-vis retirement period?

• If the government accepts the proposal that certain manual work cannot be carried out beyond age 61, what parameters do you suggest to determine and quantify various types of physical hardships?

• Do you agree that mental stress can be as exhausting and common as physical hardship?

• Do you think that the proposal of “the more you officially work, the earlier you retire” can be a great incentive to reduce abuse and increase productivity?

• Do you agree with the three-pillar system as proposed in the White Paper?

• Do you feel boarded-out cases should be thoroughly reviewed every year or so?

The sun is supposed to rise the same for all. It is true that due to great medical advancements, we have added years to life but, unfortunately, for many people we have not added life to years. It is not enough to look at pensions from only an economic point of view (by ensuring that the systems are adequate and sustainable).

A sensitive government should also consider the social aspect. Life is very precious and we only live once on Earth. Work, work, work and hardly time for play is not healthy. This is the kind of life that most people, unfortunately, lead in Malta. It is practically useless having a million liri in your bank account if you do not have sufficient time to enjoy it… So, wake up now and let fairness prevail!

Charles Micallef

Fgura

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