Pension firewall to financial market needed

Hans-Jürgen Urban, executive board member of IG Metall, says about the traffic light coalition’s plans for a “share pension” or a “generational pension” as part of a new pension package:

“The planned stop line at the pension level ensures a certain degree of reliability and security for the insured. It must be crucial that the federal government put in place a firewall between the imponderable financial market and the pay-as-you-go pension system. A “share pension” or “generational pension” must not become a risk for the claims made by the insured.

What is important is a value-preserving demographic reserve that pays into the solidarity system and strengthens the pay-as-you-go system.”

Further information and press photos from Hans-Jürgen Urban

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