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MIL OSI Translation. Region: Germany / Deutschland –

Source: Die Linke “I welcome the first and clear commitment from CDU circles to an employment insurance and the prospective abolition of the contribution assessment ceiling. However, it does not show determination if you do not want to start until 2030. In order to subdivide the demographically difficult period up to 2050, civil servants and high incomes will have to pay much sooner into the pension fund, ”explains Matthias W. Birkwald, spokesman for pension policy for the DIE LINKE parliamentary group, on the draft of a new pension concept for the CDU. Birkwald continues: “The suggestions for real employment insurance have long been on the table from LEFT. If the Union is really serious, it must also agree to our proposal in the Bundestag: Bundestag members should go ahead from the next legislative period and pay contributions to the statutory pension scheme. The assessment ceiling should be doubled by 2023. From 2024, very high pensions should then be flattened to the highest constitutionally permissible extent. That would bring money into the pension fund and pave the way for a long-term stabilization of the statutory pension. However, the proposal from the CDU to invest 32 billion euros in contributions from employees through a state fund in shares is a complete hara-kiri in view of deregulated financial markets . There is no getting around a greater participation of employers in the statutory pension. Austria secures the standard of living of its pensioners in the long term with a contribution rate of 22.8 percent. If we were to take on this equally, we would have 66 billion euros more per year in the pension fund. And that could finance a pension level of 58 percent. Demands for an extension of the working life would be completely superfluous and only lead to more chronic illnesses and old-age poverty. That must be prevented. “

MIL OSI

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

MIL Translation OSI