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From the point of view of an Ifo expert: That is why pensions must rise more slowly than wages

2021-10-14T11:33:36.711Z


Pension expert Joachim Ragnitz has called for a decoupling of pension increases from wage developments - with a view to taxpayers and contributors.


Pension expert Joachim Ragnitz has called for a decoupling of pension increases from wage developments - with a view to taxpayers and contributors.

There is much discussion in politics about the future of the statutory pension *.

Opinions differ on some issues.

The

economic expert

Joachim Ragnitz, for example, has called for a

decoupling of pension increases from wage developments

.

This was reported by the German Press Agency (dpa) on October 14th.

"Only if pensions rise more slowly than wages will the coffers be spared and taxpayers and contribution payers will not be overwhelmed," Ragnitz writes in an article in "Ifo Dresden Reports", according to the dpa.

He pointed out that the many

baby boomers were

about to retire.

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Ifo expert Ragnitz: pensions must rise more slowly than wages

The political decisions of the past few years would lead to a gigantic financial gap.

In 2050, around 2.6 percent of economic output would also have to be used for the pension, Ragnitz continued to write, according to dpa.

He fears that the coalition partners will make further expensive pension decisions.

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The SPD and the Greens had promised in the election campaign that the pension level should not fall below 48 percent of wages even after 2025.

"But then the contribution rate would have to rise to 25 percent in 2050." The contribution rate is currently 18.6 percent.

(ahu) * tz.de is an offer from IPPEN.MEDIA.

Source: merkur

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