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Old-age poverty: union warns of pension gap

2021-09-16T11:08:49.680Z


Oberallgäu - A good 4900 people in the Oberallgäu district are at risk of old-age poverty despite having a full-time job. This is what the NGG union has determined.


Oberallgäu - A good 4900 people in the Oberallgäu district are at risk of old-age poverty despite having a full-time job.

This is what the NGG union has determined.

Work all your life - and still the pension is not enough: In the Oberallgäu district, around 4,900 full-time employees are at risk of poverty even after 45 years of work in the retirement age.

The food-gourmet-restaurants union (NGG) warns of this and relies on figures from the Federal Employment Agency and the German Pension Insurance.

According to this, 14 percent of all employees who work full-time in the Oberallgäu district earn less than EUR 2,050 gross per month.

In purely mathematical terms, they would even have to work for more than 45 years to get a pension above the basic security threshold of currently 835 euros.

Pension cuts are the wrong way to go

“Old-age poverty is not a horror scenario in the future, but has long been a reality for many people.

The pension of those who have worked for decades in a bakery or restaurant is often not enough today.

Pension cuts or demands for a later entry age are the wrong way to go. Instead, politicians have to strengthen statutory old-age provision, ”says Mustafa Öz. The chairman of the NGG regional district of Bavaria calls on employees from the union's branches to find out about the parties' election programs regarding pensions and to vote on September 26th.

Source: merkur

All news articles on 2021-09-16

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