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“The concept is completely missing”: The new pension package is threatened with another traffic light problem

2024-03-18T11:37:59.029Z

Highlights: “The concept is completely missing”: The new pension package is threatened with another traffic light problem. “You, Mr. Heil, are completely missing the concept,” said the federal chairwoman of the Young Liberals, Franziska Brandmann. Young liberals accuse Heil of having no concept of pensions. There are also rumblings in the FDP, although party leader Lindner was in favor of the compromise with his loan-financed generational capital.



As of: March 18, 2024, 12:22 p.m

By: Momir Takac

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Press

Split

The traffic light government could be facing its next test.

The Greens and FDP criticize the pension reform proposed by Heil and Lindner.

Munich - On March 5th, Federal Labor Minister Hubertus Heil (SPD) and Finance Minister Christian Lindner (FDP) presented their pension package II.

The department heads spoke of a good compromise.

But it is uncertain whether the reform will go through.

Because there is once again trouble in the traffic light coalition.

With pension package II, a new dispute is looming at the traffic lights

Heil and Lindner's pension compromise is based on two pillars: The pension level should be stabilized at its current level and permanently enshrined in law.

Grants generated on the capital market are intended to finance the whole thing.

There were signs of resistance from those at the traffic lights.

We will now have to check whether a capital stock that is largely financed by loans can actually make a contribution to stabilizing pension insurance, said the pension policy spokesman for the Green parliamentary group, Markus Kurth, to the

Evangelical Press Service

shortly after the presentation .

Apparently the contributions “could only be reduced by a few tenths of a percentage point.

“That is not the great salvation of the statutory pension insurance,” explained Kurth.

Young liberals accuse Heil of having no concept of pensions

And there are also rumblings in the FDP, although party leader Lindner was in favor of the compromise with his loan-financed generational capital.

“I hope that the FDP does not support this,” said the federal chairwoman of the Young Liberals, Franziska Brandmann, on the ZDF program 

Maybrit Illner.

Heil is simply suggesting that everyone pay higher contributions.

The federal chairwoman of the Young Liberals, Brandmann, criticized Heil's pension package in the ZDF talk “maybrit illner”.

© ZDF/Screenshot

She thinks it is “not ok” that Lindner supports the pension reform.

She suspects that he did it because he “absolutely wanted to push through” his entry into generational capital.

“The bottom line is that it is an additional burden and therefore not a good package,” said Brandmann, which is why “a lot of improvement” still needs to be made.

“My generation will have to work longer.

The question is how we finance this.

“You, Mr. Heil, are completely missing the concept,” she criticized.

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A lot of criticism of Heils and Lindner's proposal for pension reform

Criticism of Heils and Lindner's pension reform proposal also comes from employers.

The president of the federal association, Rainer Dulger, complained to

t-online

that pensioners are guaranteed the current level of benefits, but contributions can “increase without limit” in the future.

The economist Veronika Grimm criticized in the

Rheinische Post

: “The compromise does not solve any of the problems, but it creates another one: by setting the pension level at 48 percent, the burden on contributors and taxpayers is becoming ever higher.” Also the Ifo Institute -Boss Clemens Fuest doubted whether the promised services would be financed.

(mt)

Source: merkur

All news articles on 2024-03-18

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