BERLIN / LONDON (IT BOLTWISE) – German pension policy faces major challenges as the governing coalition struggles to reform. Bärbel Bas, the Federal Minister for Social Affairs, Health and Equality, emphasizes the need for compromises to secure the future of pensions. The Pension Commission is expected to develop concepts for long-term security of pension provision by 2026.
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The discussion about pension policy in Germany has increased in intensity in recent months. The governing coalition faces the challenge of developing a modern pension model that meets the needs of all parties involved. Bärbel Bas, the Federal Minister for Social Affairs, Health and Equality, emphasizes the importance of compromises to ensure a secure future for pensions. She demands a willingness to compromise not only from her own party, the SPD, but also from the other coalition partners.
A central element of the current debate is the pension commission, which is due to start work this year. This commission is tasked with developing concepts to secure long-term retirement provision by the summer of 2026. The aim is also to look beyond national borders in order to learn from international best practices. The Commission is under pressure to present results quickly in order to advance pension reform.
The coalition’s pension package, which is due to come into force on January 1st, contains several key points. These include setting a holding line for the pension security level at 48 percent by 2031, the improved mother’s pension, the early start pension and the tax-exempt active pension with additional monthly income of up to 2,000 euros. These measures are intended to improve the financial security of pensioners while at the same time limiting the burden on younger generations.
However, there is resistance to the pension package within the CDU, particularly from the Junge Union. Jens Spahn, leader of the CDU parliamentary group in the Bundestag, is faced with the task of creating majorities for the package within his parliamentary group. Bärbel Bas calls on the Union to reciprocate the SPD’s willingness to compromise in other coalition projects. The debate about intergenerational justice is a central point in the discussions, with the stop line being defended as a cross-generational project.
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