A little over a year from the application of the pension reform, there are questions about the choices already made: I was right to devote my severance pay supplementary pension schemes? In times of financial crisis seems to be a question more pressing and there is not always one answer. In my small experience, in the various meetings I have done in the companies to explain the reform, I found a large majority of people who are not trusted, which did not want to tie their severance pay to the performance of financial markets, the rest of the financial troubles that led to the mistrust there have been many lately, so why trust now. These people will now be very satisfied with their choice, because it will give them severance pay will continue to grow at 3.5%, while some pension funds no: right now some guaranteed funds are losing, that is the very funds that basically all 'years by law must guarantee the return of the TFR left the company, we'll see. Sure
these people will always remain the problem of building the second pillar, but there are many ways to do this: for example, the housing market may now give a good chance.
For those who have subscribed to the fund instead, a little 'personal choices for a bit' Unfortunately I found at times to decide "pilot", the question becomes increasingly a source of anxiety: What will become of my severance pay.
At this point remains to be seen the performance of funds over the first 12 months and in December 2007 and see who has lost or not. In a next post will judge.
