“Can hope for rising pension levels”

Berlin Before the upcoming coalition negotiations for a traffic light alliance, FDP Vice Johannes Vogel defended the joint pension plans with the SPD and the Greens. “Now we have the chance to put the statutory pension system on two pillars by focusing more on shares,” Vogel said in an interview with the Handelsblatt.

“For the SPD and the Greens, like our yes to the minimum wage, that was a really big step, it deserves respect.” The legislative period that is now beginning will be the last before the baby boomers start to retire. “We should use this time,” said Vogel.

The exploratory paper provides for a stable pension level and age as well as entry into the capital coverage of the statutory pension. Economists such as Ifo boss Clemens Fuest had sharply criticized the plans. “The pension reform is simply being postponed,” he said.