Collectives Quote by Jacques Delors
“I would not be opposed to devising a new system of pensions, in which one part was based on collective provision, but which also gave incentives for people to take out an additional, personal plan.”
About This Quote
Source Speech: European Economic Community Summit, 1992
Proposes a hybrid pension system combining collective safety nets with personal incentives.
In simple terms: Mix public and private pensions for security and choice.
Key Takeaway
Advocate balanced pension reforms.
Themes
pensions
policy
social security
Mood
analytical
forward-looking
Type
policy
economic
When to use this quote
- retirement planning
- policy design
- employee benefits
Key Concepts
collective provision
individual incentives
Questions to Reflect On
- What incentives would motivate personal savings?
- How to ensure equity in hybrid systems?
A Different Perspective
Political feasibility may be low.
