Pension in Germany: How expensive will the federal government’s pension package be? – Politics

As soon as Labor Minister Hubertus Heil (SPD) and Finance Minister Christian Lindner (FDP) presented their pension package this week, the Chancellor followed up. Critics of the pension policy claimed that it was about “intergenerational justice,” said Olaf Scholz in a video message. “Nothing could be more generationally unfair than depriving those who have worked hard all their lives of the retirement they deserve.” That is why the level of pensions will now be permanently secured. It’s not just about respect for the current pensioners. “But also to those who still have the majority of their working life ahead of them,” said Scholz, who was once Federal Minister of Social Affairs until 2009 and was responsible for pensions.

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