“Incompatible with the reality of life” – Labor Minister Heil criticizes the pension debate — RT DE

29 May 2022 8:55 am Federal Labor Minister Hubertus Heil clearly rejects an increase in the retirement age brought into play by certain economists because of high inflation. This cannot be reconciled with the reality of life for many people in Germany. Source: AFP © Ina Fassbender Federal Minister of Labor Hubertus Heil has spoken […]

“Really a loss” – unions, social organizations and Die Linke criticize “pension increase” — RT DE

15 Apr 2022 2:50 p.m At first glance, the pension increase of 5.3 percent in western Germany and 6.1 percent in eastern Germany from July 1 seems quite decent. However, under the impact of the currently rampant inflation, the purchasing power of senior citizens is being weakened instead of being strengthened. Trade unions, social organizations […]

Poverty in old age inevitable? Every third pension fund is in financial difficulties — RT DE

8 Feb 2022 10:25 am The company pension scheme is an important security for many employees. However, the persistent phase of low interest rates and inflation are making it increasingly difficult for pension funds to generate returns. Every third pension fund is already under the stricter supervision of BaFin. About a third of all German […]