The pinnacle of the Place of work, Torsten Frey, believes that it could be just right to hyperlink the retirement age to the contribution years. “Undoubtedly there must be an individualization of the retirement age. It is actually true: not everyone can work for the same amount of time,” the CDU flesh presser instructed the German Editorial Community (RND).
How lengthy any person can do their activity relies on the kind of activity. “There are activities in which people physically or mentally reach a limit earlier that makes it difficult to continue working. Other activities – so-called experience jobs – are generally not included,” Frei mentioned. “And it must also factor in at what age you started working.”
Frei follows the theory of economist Jens Sudekum. An adviser to Federal Finance Minister Lars Klingbeil (SPD) believes that linking retirement to contribution years is fairer than linking it to existence expectancy.
On reasonable, no less than twenty years of retirement
Frei made it transparent that the present pension machine can not serve as: “In the 1960s, people received pensions for about ten years, about six employees paid for one pensioner,” mentioned the Minister of the Chancellery. Pensioners nowadays obtain pensions for no less than twenty years on reasonable, and there are most effective two staff for each and every pensioner.
The state is named upon to take countermeasures right here, another way social safety contributions will upward push from the present stage of slightly below 42 to greater than 48 % in the following few years. “Social spending is growing faster than economic strength. This development is at odds with social cohesion,” Frei mentioned, regarding the Pensions Fee, whose individuals are because of believe what pensions will have to appear to be sooner or later through the summer time.
Pastime
Extra concerning the matter
Pension Fee: What occurs subsequent with the pension? Retirement: If you happen to get started operating younger, you’ll be able to forestall previous. Sounds honest. Or? Z+ (subscription content material); Retirement: Will have to teachers paintings longer?