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AEC, in cooperation with the Conservative Institute and INESS, and in
association with international partners organized the Free Market Road
Show 2013 in Bratislava on June 7, 2013. More information at
www.institute.sk.

5.
THE TRANSITION: It can be done• Guarantee benefits to retired people, i.e. protect yourgrandmother’s check.• Voluntary opt out, with recognition bond, for current workers.PRA system for new entrants to labor force. Old systemfades away.• Transition financing different in each country.• Key requirement: educate the citizens. Intensive use ofmedia. Keep it simple.