It is only now becoming clear that pensions could rise above the inflation rate again this year. Then a professor suggests a zero round. The government leadership reacts indignantly.
Chancellor Olaf Scholz (SPD) rejected the proposal of a zero rate for pensioners in Germany this year as unrealistic.
The Freiburg professor of finance Bernd Raffelhüschen told “Bild” (Wednesday): “The pension increase for this year should be suspended. That would save more than ten billion euros in the pension fund within a year.”
Government spokesman Steffen Hebestreit replied: “The idea is economically absurd, it is socially wrong and it is fatal from a socio-political point of view.” Labor Minister Hubertus Heil (SPD) made it clear: “The pension increase on July 1st will come. Pensioners in Germany are entitled to it.” It follows the positive wage development and is enshrined in law.
3.5 percent plus expected
According to Hebestreit, Scholz assessed the proposal as evidence of the extent to which the world of a professor cannot be reconciled with the realities of life of 20 million pensioners. Saving on pensions in the current situation with a lot of reluctance to buy would also make economic sense, says Hebestreit.
The pension increase is expected to be around 3.5 percent in July. Exactly how high the increase will be will be determined in the spring based on the exact data that will then be determined. Heil recently pointed out in an interview that the pension increase would probably be above the inflation rate.
Source: Stern
I have been working in the news industry for over 6 years, first as a reporter and now as an editor. I have covered politics extensively, and my work has appeared in major newspapers and online news outlets around the world. In addition to my writing, I also contribute regularly to 24 Hours World.
