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Ifo expert Ragnitz: pensions must rise more slowly than wages

2021-10-14T07:04:02.568Z


The economic expert Joachim Ragnitz has called for a decoupling of pension increases from wage developments. "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". He pointed out that the many baby boomers were about to retire.


The economic expert Joachim Ragnitz has called for a decoupling of pension increases from wage developments.

"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".

He pointed out that the many baby boomers were about to retire.

Dresden - The political decisions of the past few years would lead to a gigantic financial hole.

In 2050, around 2.6 percent of economic output would also have to be used for pensions, Ragnitz continued.

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 the wage level 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.

dpa

Source: merkur

All news articles on 2021-10-14

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