Pension financing reform through the establishment of a luxembourgish sovereign wealth fund

Public petition n°3891

Petitioner: Philippe Ientile

This petition is available in other languages:

Purpose of the petition

Reform of the pension financing model in Luxembourg

Reason for the petition

Today, it is alarming to see the younger generation entering the workforce without any certainty of one day receiving a pension. This situation is unacceptable. We must act now to guarantee a secure future for all citizens. Luxembourg has recognized expertise in managing investment funds. Why not put this expertise to use for our pensions? We propose an ambitious reform, inspired by the Norwegian model: the Government Pension Fund Global, the world's largest sovereign wealth fund. In 2025, this fund manages $2.1 trillion, or approximately 1.5% of global equities, with a clear objective: to ensure long-term returns for future generations. This model works. It protects citizens and creates lasting value. We call for the creation of a Luxembourg sovereign wealth fund, regulated by the State, to guarantee every taxpayer a fair and sustainable pension. This is a realistic, responsible, and beneficial solution for all. Let's act now to ensure that retirement remains a right, and not an uncertain privilege.

Signatures collection ongoing

The 5500 threshold represents the number of signatures required to give rise to a public debate.

Registered signatures

1 / 5 500

Share the petition

Key information

Signature collection

Submission date

02/12/2025

Opening of the signature collection

13/12/2025

Additional information