"Funded by Taxpayers' Wallets" Renten-Präsident: Mütterrente "tear-jerking wealth redistribution"
Proposals from the Commission have previously been introduced to facilitate this matter.
Facebook Twitter Whatsapp E-Mail Print Copy link Potential coalition partners Union and SPD plan lavish giveaways. Critics see the expansion of the mother's pension as a thorn in their side. The president of the German Pension Insurance Association growls, "This teary-eyed wealth redistribution is a bloated expense."
The president of the German Pension Insurance Association, Gundula Roßbach, gnashes her teeth at the Black-Red's plans to expand the mother's pension as a "tear-jerking wealth redistribution." In an interview with the "Tagesspiegel," she spits, "I'm flabbergasted by these plans."
The expansion would cost five billion euros per year, but there's no peep about financing in the exploratory paper. Rossbach demands that the federal government foot the bill: "If such a new benefit is now tacked on, without any contributions, it should, out of sheer fairness, be fully funded by tax revenues." Otherwise, the contribution rate in the pension insurance would surge by 0.25 percentage points. "Then we'd already hit a contribution rate of over 19 percent by 2027."
Buzzwords Handouts Tax Dollars Pension Exploitation The pension fund ain't the place to fix past wrongs and patchy work histories—retroactively. "Until the 2010s, there was a political consensus that pension reforms should look to the future. That's where we need to head back to," demands Roßbach.
She also questions whether the expansion of the mother's pension offers a bang for the buck. "It's about massive totals because so many folks are affected. Each individual gets around 20 euros a month, which is a bundle for some, but chump change for others. But whether politics wants to drop that much cash, which is direly needed elsewhere, had better be duly considered," she snarls.
Roßbach also expects a dust-up on retirement age. In the exploratory paper, Union and SPD have agreed to strive for more flexibility in the transition from work to retirement, instead of a further increase in the statutory retirement age. The pension president barks that the retirement age will still climb in stages until 2031. "Nothing will change in this legislative period, which would be a fruitless effort," snarled Roßbach. Nevertheless, she expects that the issue won't be settled with the agreement: "My bet is that in the next four years, there'll be a debate about an increase for the time after 2032, which would kick in during the next legislative period," she growls.
Sources: ntv.de, lme
- Pension
- German Pension Insurance
- Pension Insurance
- Pension Policy
- Pension Funds
- Enrichment Data:In general, debates about pension expansions often revolve around financing sources, potential impacts on contribution rates, and the long-term sustainability of the pension system. Concerns may include where the extra funds will come from ( taxes, reallocation, contribution hikes ), the impact on contribution rates, and the system's sustainability amid demographic changes. Without specific details on the mother' pension debate, these general concerns would likely surface in any discussion about widening social benefits in Germany.
- The president of the German Pension Insurance Association, Gundula Roßbach, expresses her shock (astonished) about the plans to expand the mother's pension, viewing it as a questionable use of taxpayer money (Tax Dollars).
- During the discussion regarding the expansion of the mother's pension, one crucial aspect that might arise is the potential burden on the contribuiton rate in the pension insurance (Pension Insurance), as suggested by Gundula Roßbach.
- Roßbach also raises doubts about the effectiveness of the mother's pension expansion (Pension Policy) in providing substantial benefits (bang for the buck), given that each individual would only receive around 20 euros per month (20 euros a month).
