president believe that need to realistic and acknowledge that the pension systems based on the transfer of resources between generations known as the pay as you go principal are noca
Madam President, I believe that we need to be realistic and acknowledge that the current public pension systems, based on the transfer of resources between generations, known as the 'pay as you go' principle, are no longer economically viable and, as such, they require public budget subsidies to survive.
President, believe that need to realistic and acknowledge that the pension systems, based on the transfer of resources between generations, known as the 'pay as you go' principle, are no economically viable and, they require public budget subsidies survive.