But the panel, which has given the name "Reliable generation contract", doing hard time: Actually, the 10 should. March proposals for the future protection of pension will be introduced in the period after 2025, when fewer contributors to come on more and more pensioners.

But nothing will come of it for the time being. At key points, such as the future retirement age, and the development of pension contributions and level of pensions, no consensus is in sight, reported the "Handelsblatt", citing the Commission circles. Now at the end of March as the new deadline for a presentation in the room.

Own Commission to increase the age limit to clarify

"After careful consideration of all the facts and arguments, the Commission comes to the conclusion that at the present time, a further increase in the statutory retirement age has not yet decided to be" the newspaper quoted from a preliminary draft decision. Instead, it should be used to this Commission. Everything you know about your pension

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the points of contention are not new, nor is the reasoning of the parties involved. Objections and suggestions of the scientists were struck by the policy-in part, anyway in the Wind, they say. Now, Jochen Pimpertz, head of the Compared to Public Finance, Social security, distribution from the Institute of German economy (IW) in Cologne, has spoken.

Pimpertz: Higher retirement age is no reduction in Retirement benefits

Pimpertz interferes, in particular, on the resistance of certain circles against a possible increase in the retirement age. "The SPD and the trade unions argue that a higher retirement age, a pension reduction be right. This Argument is wrong for several reasons,“ says Pimpertz in a recent analysis.

Specifically, the expert leads two points to his criticism of the mistake of the SPD to the walls:

• lasts the duration of Pension payments longer and longer
• more and more pensioners becoming less and less contributors have to face.

pension period of 11.1 to 19.7 years

climbed Pimpertz, according to the average retirement age in Germany was in the years 1970 to 2018, to almost the same value: 64,2 years, prospective retirees were even slightly younger than their predecessors in 1970 (64.3 years). But at the same time has increased the life expectancy drastically, so that the average duration of the assured increase in pensions from 11.1 to 19.7 years. Retirement at 63: How does it work? Our PDF guide shows you how you can retire early can go and still have the full amount received.To the PDF guide

"If the Argument of the SPD and the trade unions would vote, then, is first to be noted that in the past decades, with the longer duration of Pension payments a pension increase hand-in-hand is gone," summarizes Pimpertz.

There is a constant "increase in pension" for more and more pensioners

not threatening enough: life expectancy is Increasing further in the future, and remains the standard retirement age, starting in 2031 will remain unchanged at 67 years of existence, then it would put the bottom line is that these secret "pension increase" to continue.

That's still not all: Parallel to the rising duration has also increased the number of insured pensions in Germany since 1992 from 13.7 to over 20 million and rising fast. Because the consequences of the demographic development of the pension system, for the most part. Only the baby boomers that will be flooding in the coming years, the pension system do not count. The burden of their pension entitlements is distributed at the same time on fewer and fewer shoulders.

Denmark and the Netherlands have a pension to life expectancy, coupled

Other States are familiar with the Problem and have therefore adopted long ago by the pension with 67. Denmark, for example, has the retirement coupled age to the rising life expectancy, so that already in 2030 the age limit of 68 will apply. The free comparison of FOCUS Online (display) you will Find your optimal private pension!

The Netherlands, in turn, have made the retirement age to 67 as of the next year to rule. Subsequently, the development of the life expectancy is also here decisive for the retirement age, while an early reference to the basic pension is even excluded.

"a Problem for contributors, particularly for the Younger"

Pimpertz warns prohibited, therefore, before the politically prescribed ways of Thinking, which would turn out to be "a Problem for contributors, particularly for the Younger" in Germany. Fixed: the report of the pension Commission and its recommendations, the Haggling of the parties is ready to go to a real pension reform in the first place. Display here you Set up your pension Plan!

However, time is of the essence: A legally established double stop line applies only to 2025. As long as the pension contribution rate must not rise more than 20 percent, the level of protection fall below 48 percent. What follows then, is, apparently, more than ever in the stars.

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pom Date Of Update: 19 February 2020, 00:00