Why pension insurance needs money from taxpayers – Economy

“One thing is certain: the pension” – this election campaign slogan, which Norbert Blüm stuck on an advertising column in Bonn in 1986, made the then Minister of Labor and Social Affairs under CDU Chancellor Helmut Kohl famous. The saying “The pension is secure” entered the collective memory of Germans. But is that actually true? One thing is certain: The security and future of pensions has not only been discussed since Blüm said this. Now a new argument has broken out. It’s about the 110 billion in tax subsidies that the federal government pumps into statutory pension insurance every year. Almost every third euroThe amount that the federal government collects in taxes is already going into the pension fund.

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