Bundestag Advises for the First Time on "Early Retirement Pension" From Six Years
16 Articles
16 Articles
Pension provision for children is currently being discussed in the Bundestag. However, it can become even better. Economists at the Leibnitz Institute for Financial Research (SAFE) have made some suggestions.
The Bundestag dealt with the plans of the Federal Government for the introduction of a so-called early retirement pension. Minister of Finance Klingbeil defended the project as a contribution to more equal opportunities and generational justice.
Black and red wants to start pension provision already in childhood and help people to do so. The means of choice is the early retirement pension. By voluntary increase and interest-rate effects, a considerable sum should be able to come together. Even if parents don't care.
You can't start retirement early enough - but often the financial situation of the parents' house decides. In the future, the state wants to help - with a monthly contribution and hope for the interest rate effect.
The German state will contribute ten euros per month to children and adolescents aged six to 18 for their future pension. Federal Finance Minister Lars Klingbeil (SPD) has submitted a bill to the Bundestag on the so-called Frühstartrente, or early-start pension. According to him, thanks to compound interest, state contributions to retirement can increase to up to 53,000 euros. This was reported by the ARD station in its Tagesschau news program. …
The early retirement pension was on the agenda in the Bundestag on Friday. The state wants to deposit ten euros per month for children in an old-age pension deposit. However, this should initially only happen for the year 2020. In parliament, the criticism is mainly sparked by the amount of support, the age limit and the lack of advice. read more
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