most viable work force concept

- Make greater use of the OMC's potential to contribute to effective delivery: The exchange of good practice needs to be supplemented by a transparent identification of good and bad practice in order to be of effective use for Member States in policy making.

Furthermore, the Bank's planned actions, notably the staff severance programme (59) and the pay and benefits review, which aim at reducing its operating costs (by EUR [200-600] million by 2015 as compared to 2012 levels) will enable it to reach a more sustainable operating cost base in light of the Bank's prospects/ability to generate revenue.

46. Stresses the need to carry out the necessary reforms to guarantee the sustainability of pension systems; believes that if effective retirement ages are to be raised successfully, pension reforms need to be accompanied by policies that limit access to early retirement schemes and other early exit pathways, develop employment opportunities for older workers, guarantee access to lifelong learning, introduce favourable tax policies offering incentives to stay in work longer, and support active healthy ageing; emphasises the accelera ...[+++]tion of the pressure placed by demographic developments on national budgets and pension systems now that the first cohorts of the ‘baby boom generation’ are retiring; notes the uneven progress and levels of ambition across Member States in formulating and implementing structural reforms aimed at increasing employment, phasing out early retirement schemes and evaluating, at Member State level and together with social partners, the need to put both statutory and effective retirement ages on a sustainable footing in line with rising life expectancy; stresses that Member States that fail to implement gradual reforms now may at a later stage find themselves in a scenario where they have to implement reforms shock-wise, with significant social consequences;

55. Notes that the EU should aim for a globalisation process that is more socially inclusive and economically and environmentally sustainable; notes that the way in which corporations conduct business not only has a large economic impact but also has a significant social impact, within the EU as well as in third countries, in particular in developing countries; therefore urges the Commission actively to promote the concept of corporate social responsibility, either by means of the promotion of soft law or, where appropriate, by means of legislative proposals where;