All workers are being exhorted to invest in second and third pillar pensions in order to augment their meagre pension entitlement upon retirement.

We service pensioners did exactly that in our working life. As everyone knows, this pension has, since 1979, been offset against our Maltese national insurance pension, which we also paid for in our working life.

After winning an appeal against an infringement notice, an appeal against a reasoned opinion, and having the European Parliament Advocate General pronounce in our favour, the European Court of Justice finally threw out our case on an insignificant and absurd technicality, while admitting the injustice being meted upon us. Everybody agrees and avers that this is unjust, yet we are still being robbed.

How can the present people in employment be guaranteed that they will not be robbed when the time comes for them to retire should they decide to invest in a second and/or third pension, at the stroke of a pen?

 

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