Press
The Young Liberals are said to be planning to shake up the planned pension package II at the FDP party conference. That could cause trouble in the government.
Berlin – In view of the upcoming FDP party conference at the weekend, the traffic light government is threatened with a revolt against the planned pension package II. Criticism is coming mainly from the Young Liberals, as became clear on Friday. “The pension package, as Hubertus Heil and Christian Lindner recently presented it for the first time, is not enough for me,” said JuLis boss Franziska Brandmann Rhenish Post in the Friday edition with a view to the Minister of Social Affairs and the Minister of Finance. The agenda of the FDP party conference will now include, among other things, an amendment to the lead motion.
“The coalition agreement states that the holding line of 48 percent should be financed in a way that is fair to all generations – the proposed package does not meet this requirement. I expect significant improvements,” Brandmann continued. “For example, through a real stock pension with the acquisition of individual entitlements for citizens like in Sweden, through strengthening private pension provision and the end of the tax-free pension at 63, which costs three billion euros every month.”
New agenda for the FDP party conference: Young liberals apparently want to make major changes to pension package II
The pension package II under the initiative of Finance Minister Christian Lindner (FDP) and Labor Minister Hubertus Heil (SPD) provides for the pension level to be permanently secured at 48 percent. In order to gain a permanent contribution to the statutory pension, the federal government is planning share-based “generational capital”. In the coming years, 200 billion euros of federal funds will be invested in a sovereign wealth fund and invested in stocks worldwide. The income should then be used to dampen premium increases. Expectations of Traffic Light's new pension package have been high since it was announced.
So far, the plan is to guarantee the stock pension exclusively with billions in subsidies from the federal government. In their application, however, the Young Liberals are calling for parts of the pension contributions to be invested in the stock market “with individual accounts and entitlements” for the respective contributors, as is the case in Sweden. This is what the news portal reports t online, which, according to its own information, has the content of the amendment. The applicants are, on the one hand, the parliamentary manager of the FDP parliamentary group, Johannes Vogel, and the leader of the Young Liberals, Franziska Brandmann. They argue that pension finances can be financed more easily in the long term and that “individual property protection” is guaranteed.
Will the FDP start the pension revolt this weekend? “Pension at 63” is also required
In their proposal, the Young Liberals are also calling for the abolition of the “pension at 63”. The reasoning says it loudly t onlinethat “the zero-deduction pension for those who have been insured for a particularly long time takes valuable skilled workers away from the labor market”. People are therefore calling for flexible retirement, also like in Sweden. It is up to each employee to decide at what age they want to retire. The basic conditions are only a minimum age of 63 for retirement and the right to work until 68. If agreed with the employer, you may work longer hours.
It will be seen at the weekend whether the amendment will be passed at the FDP party conference in Berlin. One hopes for strong tailwind from the party. According to the applicants, the general goal is to “avoid that the working middle class is soon overwhelmed by an excessive increase in pension insurance contributions and that there is therefore ever less net of the gross and disproportionate wage costs for companies.” (nz)
#FDP #starting #pension #revolt