Dulger calls pension package II “the most expensive social law of the century”

As of: April 7, 2024 10:58 a.m

Employer President Dulger renews his criticism of the traffic light coalition’s pension plans and calls for an immediate stop to Pension Package II. The President of the German Pension Insurance is more relaxed.

Employer President Rainer Dulger vehemently warns against the federal government’s planned pension package II. Dulger told “Bild am Sonntag” that he was “stunned” that Federal Labor Minister Hubertus Heil (SPD) “now wants to massively increase pension spending once again, even though we are before “the biggest aging spurt that has ever occurred in Germany”.

Pension package II would be the “most expensive social law of the century,” warned Dulger. The project must therefore be “stopped immediately”. It would be “unfair and unjust to spend 500 billion euros more on pensions over the next 20 years.” According to the report, the federal government expects pension spending of 802 billion euros in 2045 in the draft bill for the “Pension Level Stabilization and Generational Capital Act”.

“Financially very well positioned”

The President of the German Pension Insurance, Gundula Roßbach, is currently not worried about the development of pension costs. “The pension insurance is currently in a very good financial position,” she told “BamS”. Society has been aging not just today, but for decades.

“So far we have succeeded in keeping the contribution rate stable, contrary to all forecasts,” emphasized Roßbach. According to Roßbach, Germany’s spending on pensions as a percentage of economic output is still below the EU average – in recent years mainly due to the increased employment of women.

From Roßbach’s point of view, a stable labor market and the immigration of additional workers are central elements in making the statutory pension crisis-proof for future generations. In order to have a “reliable pension”, “the contribution rate and also the federal subsidy for pension insurance would have to increase in the next few years”.

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