In keeping with a report, the federal authorities is plundering the pension insurance coverage system – 2024-05-26 11:36:46

by times news cr

2024-05-26 11:36:46

There’s at present a number of dialogue about pension reform. Nevertheless, a subject that has beforehand acquired little consideration is now inflicting criticism of the federal authorities.

Within the debate in regards to the federal authorities’s pension reform, one element has to this point acquired little consideration: the federal authorities has been utilizing the funds of the German Pension Insurance coverage (DRV) for many years to finance duties for society as a complete. This has been met with criticism from specialists, experiences “Wirtschaftswoche”.

The German pension insurance coverage manages monumental sums of cash – for 2023, expenditure is estimated at round 374 billion euros. A few of this cash is repeatedly used for advantages that don’t really fall throughout the DRV’s space of ​​duty, equivalent to the popularity of child-rearing durations or particular guidelines for incapacity pensions. These so-called “non-insurance advantages” amounted to as much as 112 billion euros in line with the newest figures from 2020, the report continues.

Anja Schulz, FDP pension professional within the Bundestag, considers this follow problematic: “It can’t be the case that duties affecting society as a complete need to be borne by the collective of contributors,” she advised “Wirtschaftswoche”. She subsequently requires a transparent and clear definition of those advantages.

Labour Minister Heil contradicts the allegations

In keeping with the DRV, in 2020 the federal authorities took round 37 billion euros from its contribution fund – these are prices that have been financed by the DRV and exceeded what the federal authorities had made accessible from tax income. For the reason that introduction of the dynamic pension in 1957, this sum has amounted to round 988.7 billion euros, in line with pension professional Fritz Teufel.

Federal Labor Minister Hubertus Heil, nonetheless, contradicts the allegations. In response to a query from a citizen on the “Abgeordnetenwatch” portal, he defined: “No pension insurance coverage funds are being diverted.”

FDP MP requires reform

Nonetheless, the FDP is looking for non-insurance advantages to be separated from the pension insurance coverage system. Schulz careworn that the purpose was to not reduce these advantages, however to finance them solely from the federal funds. She mentioned: “After all we should not neglect our social targets, equivalent to the popularity of child-rearing companies. Nevertheless, these are monetary burdens that needs to be borne by the group of taxpayers and never by pension contributors.”

The follow is especially problematic as a result of it implies that teams equivalent to freelancers or pensioners themselves, who don’t pay into the pension fund, are evading solidarity. This raises the query of whether or not the present system of pay-as-you-go pension insurance coverage wouldn’t be much less in want of reform with out these further prices, in line with “Wirtschaftswoche”.

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