Minister Proposes Pension Reforms Involving Officials
Labor Minister Bärbel Bas is spearheading significant pension reform aimed at stabilizing the pension system's finances. Her proposal includes requiring civil servants, members of parliament, and self-employed individuals to contribute to the pension fund. This move is designed to address the growing deficit caused by an increasing number of retirees. Bas opposes raising the retirement age, preferring to rely on a commission to shape the reforms.
Economic experts express skepticism, suggesting that expanding the contributor base alone may not resolve the financial issues. They advocate for increasing the retirement age, a position Bas rejects, opting instead for voluntary measures. The coalition agreement ensures the pension level remains at 48% until 2031, but the long-term funding strategy remains uncertain.
Additionally, Bas signals a tough stance against social benefits fraud, targeting both recipients and enabling companies. Her approach includes reviewing and potentially tightening existing sanctions to ensure quicker and more effective enforcement.
These proposed measures reflect Bas's commitment to securing the pension system's future while balancing social equity and fiscal sustainability.
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