the task of the Commission of the “Righteous generation contract” is to make the German pension system through the year 2025 and beyond fit for the future. As the aim of the Commission is defined on its Website, “is to create the Foundation for a new, reliable generation contract”.
The body must therefore find a formula for the Problem, as probably stagnating premium income, massive increases in spending in the future to Finance. The previous solution: the subsidies of The tax payer’s increased massively to almost 100 billion subsidy per year. This model comes to its limits.
On this Friday, the star-studded panel reports to the pensions experts Axsel Börsch-Supan its recommendations to the Federal Minister of labour, Hubertus Heil.
The SPD politician thanked the panel for its work. Otherwise, he repeated well-known positions: “The state pension must be the same for all generations in the long term, fair and reliable.”
level of pensions should move in a corridor,
, The panel proposes for the level of pensions from the year 2025, a corridor between 44 and 49 percent. Currently, the rate is 47.6 percent. The clamping width of the proposal means that the pension in Relation to earnings in the future may be lower or higher than currently.
explanation: The pension level shows the ratio between the amount of a pension and the average income of a worker/a worker. A pension is paid after 45 years of contribution payment on the Basis of the average income as a basis. Experts speak of the so-called standard pen sioner. He is just a computation, because not a single employee deserves 45 years, the annual changes in average earnings of all contributors. This average salary was 2019 at 38.901 Euro 2020, it is 40.551 Euro.
This leads to the following age references to a “benchmark pensioner” in the West:
standard pen sioner = 45 years of income in the amount of the average earnings = 45 pension points á 33,05 € = currently 1487,25 Euro gross monthly pension. From 1.7.2020 an increase is 2.45 percent to 1538 Euro gross monthly pension.
In the East, are the following Numbers: Currently 1435,05 Euro gross monthly pension, from 1.7.2020 increase of 4.2 percent on a monthly $ 1495 . Thus, East – and West-pensions approach.
Everything you need to know about your pension
Our PDF guide explains on 100 pages the answers to all the important questions around the topic of retirement. Plus 58 Pages Of Forms.
PDF guide
contribution rate should be strong.
For the contribution rate increase, the Commission proposes a ceiling of between 20 and 24 percent The contribution rate refers to the proportion of gross earnings that goes to the pension Fund. Currently, the rate at 18.6 percent, the employee and employer share is. According to the current requirements of this set will rise in the coming years a maximum of 20 percent .
another possible increase in the contribution rate to 20 to 24 percent means: The active workers need to spend more money for the financing of the pension system. For the employer, it will be more expensive, if the Federal government accepts the Commission’s proposals.
example: Who now earns a month to 4000 euros gross pay per month 372,00 Euro in the pension insurance. The same amount is paid by the employer.
stairs of the rate to 24 percent, then the employee and the employer would have to pay each of 480 euros per month to the pension Fund.
content check: The gross-to-net calculator 2020 remains So much net them by the gross
New officials not in the state pension scheme
not a Deposit unlike in the run-up suspected, advises the pension Commission for the inclusion of new a civil servant in the statutory pension insurance. Some of the media had speculated that the immense increase in costs of the civil servants ‘ pensions should be reduced. So far public servants are related to significantly higher retirement benefits than “normal” workers. Nothing will change after the submission of the Commission’s proposals well.
How much money you get at the age click Here for pensions calculator
the age limit is supposed to provisionally stay at the age of 67
For a higher age limit, the Commission wants to according to press reports, not Express. On this question of fierce dispute within the Board was kindled. The member Axel Börsch-Supan joined with his proposal, the retirement to increase the limit, with fierce resistance by the IG Metall, the also a member. The ten-member pension Commission had recorded in June 2018, the work.
keep Track of the ongoing development of the Corona pandemic in the Ticker: Coronavirus outbreak in the News Ticker Seehofer expanded entry restrictions on asylum-seekers from
IG Metall criticises the results of
in the light of the Corona-crisis and its severe economic consequences, the insistence of the trade unions and the Opposition for an early pension reforms. “Especially in times like these, people want to know what will happen to you and that you are well protected,” said DGB Board member Annelie colorful Bach in the “New Osnabrücker Zeitung” of Friday. She is a member of the Commission and admitted that today passed the report “is not safe enough, he leaves too many questions”.
The trade unionist stressed with a view to the currently rampant pandemic, it is now more important than ever to make social insurance for the future to. Funding and benefits of the statutory pension insurance scheme would have to be a long-term set, and now. There is no time for lengthy decision-making, writes colorful Bach: “Because, even before the Corona-crisis, we were faced with the challenge to cope with the retirement of the baby boomers and at the same time secure adequate pensions” – quoted in the report.
Hans-Jürgen Urban, Executive Board member of Germany’s largest single trade Union, criticised the apparently recommended corridor of the pension levels of between 44 and 49 percent. “The current lower support line of 48 percent, was a correction of earlier reforms. Below would be completely unacceptable,” he said of the West German General newspaper (WAZ) from Friday.
Caritas facilitates recommendations
the associations of the report met with a mixed response. The German charity, Caritas, said that he supported the Commission in its message. He welcomed that the report did not provide for any increase in the statutory retirement age.
Klaus Müller, Executive Director of the consumer center Federal Association (vzbv), said harshly: < / strong> “the results of The pension Commission are disappointing. It retaliates, that the Federal government has not called anyone in the Commission who represented especially the interests of consumers.”
The joint welfare Association was also disappointed by the report. The Commission let the healing in the rain. Rather than presenting concrete proposals for the long-term financing of the old-age security, will postpone the solution of the problem simple.
Everything about the development of the Corona-crisis
Virus outbreak in the News Ticker
researchers from German climax of prophesy in June – 12-Year-old in Belgium dies after infection
News Ticker for the Corona Crash
470.000 applications for short-time working made money, Dax turns to a Minus
Controversial name: Trump called the Corona continues to be “Chinese Virus” PCP Controversial name: Trump is called the Corona continues to be “Chinese Virus”
mbe/with Material from AFP
