globalisation, the very foundation is the development of the Faroese welfare society. This is why we for the first time with Vision 2015 have made strategic comprehensive plans for welfare of all the most important [...] ensure a financial income basis for the life of the elderly, which we can build upon with trade-union and private pension fonds. The public structures regarding care for the elderly suffices necessary support [...] residential homes. The legal framework in regards to welfare of the elderly will be carried out in a new law that ensures the elderly citizens’ rights and options. The Welfare System Strengthens the Availability