The federal government wants to pass a pension package by the end of the year. The capital-funded supplementary pension is set to start from 2028. A new study warns of economic damage.
By the end of the year the federal government wants to push its pension package through the Bundestag. From 2028 the capital pension could start and help stabilise the pension level.
A study by the Institute for Macroeconomics and Economic Research and the Economic and Social Science Institute of the Hans Böckler Foundation outlines possible consequences. Rising contributions to the statutory pension insurance could reduce economic growth by one percent.
This corresponds to damage of 45 billion euros and the loss of 250,000 jobs. The analysis comes from union-affiliated institutes.
