In the pension-insurance system, a so-called contribution assessment ceiling of 82.200 Euro in the West and of 77.400 Euro in the new länder is currently. This corresponds to a monthly gross income of 6900 euros, or 6450 euros.

The effect of the current ceiling: high earners need to only pay up to the above-mentioned income limits, contributions to the pension Fund.

"cap for high income belongs to the test,"

The new SPD-Co-Chairman Norbert Walter-Borjans, wants to change that and so the revenue of the pension increase. "The ceiling for high-income as well on the test, such as the inclusion of increasing income from capital," he said of the "Rheinische Post".

The tax burden must be distributed more fairly, so that in the future, growing old in Dignity without prohibitive social security contributions during the working life is possible.

Walter-Borjans believes the pension system due to the aging population, it must in the future be better supported with tax funds. The more important it is that global corporations were paying appropriate taxes.

Already now taxpayers are funding a third of the pension

Walter-Borjans, directs with his foray to the views of the low contribution of revenue of the state pension insurance.

According to the latest Figures from the German statutory pension insurance scheme the state old-age pension system achieved in the year 2018, the revenue of 306,64 billion euros. Of 235,87 billion Euro contribution to revenue and were 69,51 billion euros in Federal grants . This means: Every Euro of premium income, the taxpayer funded, with well 29 cents – almost a third of the current revenues of the pension insurance comes from taxes and not from contributions from the Insured. According to preliminary calculations, the tax subsidy in the year 2019, it should rise to 2.8 billion euros – that's around four percent. PDF Everything you need to know about your pension

Our PDF guide explains on 100 pages the answers to all the important questions around the topic of retirement. Plus 58 Pages Of Forms.

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Higher contributions lead to higher pension claims

Walter-Borjans, is clear: If high earners have to pay in the future, higher contributions to the pension Fund, will acquire you higher performance claims. The potentially higher revenues of the pension insurance, higher spending would, in the future, so.

With its current proposal, Walter-Borjans continues to the demands of the SPD-to-peak to higher taxes. Just a few days ago, the SPD leadership Duo suggested, to levy a tax on the increase in value of land in the future, once best. So much money you get at the age click Here for pensions calculator

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mbe/dpa-AFX Date Of Update: 12 January 2020, 01:00