Old-age poverty fight: CSU wants to pension grant of 21,600 euros per child

"We want for every child is a starter kit for retirement. We want to turn the Pension away from intergenerational conflict to intergenerational justice,“ - sai

Old-age poverty fight: CSU wants to pension grant of 21,600 euros per child

"We want for every child is a starter kit for retirement. We want to turn the Pension away from intergenerational conflict to intergenerational justice,“ - said in the draft of a paper to adopt the CSU land group in your exam in the upper Bavarian monastery of Seeon.

The CSU Bundestag deputies meet on Monday to their traditional start to the year-of-course exam. As a guest, is expected on the first day of the new EU Commission President Ursula von der Leyen, on Tuesday, the CDU Boss Annegret Kramp-Karrenbauer, and the Romanian President Klaus iohannis invited. In the past few days, already a whole series of papers was to become known, to decide on the country group.

retirement subsidy of 100 Euro in the month

The approach to pension policy, to complement the existing three pillars of retirement of a fourth pillar - with a so-called starter kit for each child. "The state is from birth to 18. Age for each child for a contribution of 100 euros per month in a generations-pension Fund, which invests the money in return“, - stated in the draft. That would mean a grant of 21,600 euros per child.

With the retirement age would be paid the pension, then in addition to the existing pension claims. "The goal is that in the future, any of of the new fourth pillar of retirement provision, the capital thereof receives a generation of pension funds-pension and old-age poverty is to be avoided." Currently, the pension system consists of three pillars: occupational pensions, private pensions and public duty systems - such as statutory pension insurance.

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Updated Date: 07 January 2020, 01:00

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