Adoption of the bill on pension reform

MIL OSI Translation. French Polynesian to English –

Source: Government of French Polynesia

The text on the pension reform was adopted, Friday, at the Assembly of French Polynesia.

The text was adopted by 39 votes. In his speech before the vote, the Chairman again explained the necessity of this reform.

He recalled in a first time the situation of the pensions system in French Polynesia, after 50 years of existence.

“I am well aware that the recovery of the branch retirement will go also by the fulfilment of an employment policy ambitious of which we may note the beginnings encouraging “, has also stressed the President.

The discussions in the past 3 years have lasted long enough and it is time to act, the President added.

“I fully accept the beginning of the reform of the pension the continuity of which will be borne by the social partners within the Board of Direction and Monitoring of Pensions, COSCR. I will remain extremely vigilant, and the government will take the necessary decisions in the event that the COSR does not make any proposal. We are all now responsible for our seniors and future of our children. It is for this that 60,000 voters had confidence in me and we have elected in this chamber. Beyond a Country’s laws, decrees, regulations, find our soul polynesian by the sense of sharing of the effort and stared at the other, ” the President said.

EDITOR’S NOTE: This article is a translation. Please forgive us should the grammar and/or sentence structure is not be perfect.