Time for a change of course - significantly increase pension levels

Summary

Presentation of a bill: refocusing on the pension level as a security goal of statutory pension insurance, lifting the cap on the contribution rate for general pension insurance, deletion of the dampening factors (Riester and sustainability factor) in the pension adjustment formula, gradual increase in the pension level from the current 48 to 53 percent, introduction of a new pension formula in accordance with the adjustment principle "Pension follows wages"

Machine translation from German. The official text remains authoritative.

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  Drucksache · DE · 29 November 2016

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