Share pensions are being postponed: a setback for intergenerational equity

by time news

2023-11-28 18:56:27

The Germans and productive capital: The share of shares in retirement provision remains manageable. Image: Reuters

The Karlsruhe ruling on the debt brake is delaying central traffic light projects. This also includes the stock pension promoted by the FDP. This changes the statics once again in retirement planning.

The smallest coalition partner was still confident last week. For the coming year, the share pension will be increased to 22 billion euros, said FDP budget politician Otto Fricke after the budget committee’s adjustment meeting. The Liberals in particular expect a lot from a capital stock that should increase to 200 billion euros by 2035 and in this way relieve the burden on the statutory pension insurance.

Philip Krohn

Editor in business, responsible for “People and Business”.

But since the beginning of this week it has been clear that the start of generation capital, as the funded pension assets are officially called, has been delayed due to the Constitutional Court ruling on the debt brake. Federal Finance Minister Christian Lindner, the FDP chairman, unexpectedly withdrew the start-up funding from his supplementary budget, which was required by the judge’s ruling. The 10 billion euros are a savings item. It is not yet clear what will happen next year with generational capital.

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