level should be stabilized
Lindner also wants to support stock pensions with contribution money
01/29/2023 8:34 p.m
Finance Minister Lindner continues to advertise his planned share pension. In the future, this should also be financed from contributions from the insured, according to his plan. In this way, the pension level should be able to be stabilized despite an aging society.
Finance Minister Christian Lindner is in favor of using contribution money for the planned share reserve to stabilize the statutory pension insurance in the longer term. “If one day this model has proven itself, then what speaks against the contributors also investing in the future stability of the pension,” said Lindner in the ARD “Report from Berlin”. “But that won’t be decided today.”
The coalition wants to gradually build up a capital stock for the pension from public funds. The pension contributions and the pension level are to be stabilized from its earnings when the pension fund comes under greater pressure due to the aging of society. This is to start with ten billion euros this year. Lindner confirmed: “It has to grow further so that we can relieve the contributors and promise security to a future generation of pensioners from the end of the 1930s.”
The FDP politician continued: “If it’s up to me, we will use a two-digit billion euro amount every year so that the capital can grow.” That is always decided by the budget legislator every year. Lindner explained: “We are now starting with a financial transaction, which means we take government bonds on the capital market for which we pay low interest, which we pay into the generational capital, where we achieve a higher return.”
These are contributions in kind, non-essential state property in companies. In the future, the statutory pension will come from contributions and taxes, as well as from the income from the “generational capital” funded.