Second, economic policy has to be geared towards increasing productivity growth and the employment rate - especially of older  BIS Review 3/2003  1  workers - so as to broaden the tax base as much as possible.
Third, the buoyant growth of health care spending needs to be analysed and the individual pension entitlements, both in the private and in the public sector, need to be thoroughly assessed taking into account also the development of secondand third-pillar schemes.