MIL OSI Translation. Region: Germany / Deutschland –
Source: DOSB The Deutsche Sporthilfe Foundation has shown its satisfaction with the start of the pension scheme it has initiated for athletes.
Since the start of the project last August, 492 pension applications have been approved, and payments have begun for 109 athletes. This was announced by Sporthilfe in Berlin. With the new system, the sponsored receive 250 euros per month, which Sporthilfe pays directly into a basic pension product. “Overall, we are able to add an important component to the overall package of athlete support in Germany,” said Thomas Gutekunst, CEO with the sport aid for athletes. The approval of the applications is preceded by a means test, the athletes must, among other things, belong to the Olympic squad or three years to the perspective squad and may not earn more than 45,000 euros per year. “It offsets the disadvantage that the athletes have because they only enter professional life and pension systems later through their careers, ”Gutekunst said. For the time being, 2.7 million euros per year will flow from the federal government for the new pension scheme. Dagmar Freitag, the chairman of the sports committee in the Bundestag, regards it as “a social obligation to give these young people who cannot make it a start on their own.” Especially in times of the corona pandemic, Sporthilfe sees itself as even stronger in duty. “We do not want the pandemic to lead to a dent in competitive sport,” said Thomas Berlemann, CEO of Sporthilfe, which supports around 4,000 athletes. With a view to long-term support for old-age provision, Freitag said: “The funds are carried forward into the year 2021,” said the SPD politician: “I cannot imagine that it will be any different after the general election next year.” ( Source: SID)
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.