Opening the Path for Pension Plus - Schwesig Stresses Retirement Security
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Ensuring Pension Security Advancement - Schwesig underlines pension steadfastness focus - Recommendation for a worker safety directive on hazards caused by digital communication networks has been posed to the Commission.
The President of Mecklenburg-Vorpommern, Manuela Schwesig, implored against sowing doubt through ongoing discussions about the security of pensions and extended working lifespans. The public's faith in the pension insurance system persists, yet only 20% anticipate a comfortable retirement, and half of all women dread elder poverty. "We must take these worries most seriously," the SPD politician underscored during the Bundesrat meeting in Berlin.
The House of the Länder paved the way for a pension boost. "We're raising pensions to keep pace with wage growth," Schwesig highlighted. As of July 1, the pension value will increase by 3.74 percent, surpassing the current inflation rate of 2 percent. This signals good tidings for all German retirees. For an average pension, this amounts to an additional 66 euros per month.
97% of retirees in the East dwell on a statutory pension
Notably, the statutory pension serves as a vital income source for individuals in East Germany as it frequently stands as their sole source of retirement income. Private pensions are rare due to divisions - as are rental income. "That's why 97% of pensioners in East Germany depend solely on the statutory pension. Each euro then matters," Schwesig clarified.
Thus, it's prudent that the new federal government has vowed to maintain the pension level at 48 percent. Furthermore, basing pensions on wage growth represents a pledge towards stability and social justice.
More contributors to the pension pool
Rather than debating pension security or insisting that everyone work until aged 70, Schwesig advocated for a substantive discussion regarding the future of pensions. While some opt to prolong their careers, not all professions allow for this flexibility. The wise course is to explore expanding the pool of contributors to the statutory pension system, as once more suggested by Labor and Social Affairs Minister Barbara Bas (SPD).
Laws dictating the inclusion of civil servants, politicians, and the self-employed have not yet been proposed, but ideas to that effect are circulating among governmental circles. The German Federation of Civil Servants has rejected the proposition, and critics have emerged from the CDU/CSU. Meanwhile, The Left and the social association VdK have endorsed the idea.
- Manuela Schwesig
- Mecklenburg-Vorpommern
- Berlin
- East Germany
- Woman
- Old-age poverty
- Bundesrat
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- Manuela Schwesig emphasized the need for a serious discussion on the future of pensions, focusing on the expansion of the contributors to the statutory pension system, rather than debating pension security or pushing for extended work lifespans.
- In her speech at the Bundesrat meeting in Berlin, Schwesig pointed out the critical role of the statutory pension as a primary income source for many retirees in East Germany, where private pensions are less common due to divisions and lack of rental income.
- To maintain retirement security for all Germans, Manuela Schwesig supported the new federal government's commitment to maintaining the pension level at 48 percent and basing pensions on wage growth, ensuring social and economic justice.
- The science of workforce wellness, health and wellness for aging populations, and womens' health, along with the ongoing discussions about policy and legislation concerning these areas, become essential topics within the broader context of community policy and politics, particularly in terms of shaping the general news landscape.
