"Leaves me speechless": BDA President Kampeter warns against reopening the pension package
n-tv.de/politik/BDA-Praesident-Kampeter-warnt-vor-Aufschnueren-des-Rentenpakets-id31159514.html
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Kampeter Warns Against Changes to Planned Pension PackageSeveral eastern German state premiers seek changes; Kampeter calls the reform a possible last chance for the pension system.
- BDA chief executive Steffen Kampeter criticizes the fact that key elements of the pension package are being questioned again before implementation.
- The planned reform would abolish penalty-free early retirement after 45 years of contributions, currently possible at age 64.5 and still commonly called retirement at 63.
- Five eastern German state premiers from the CDU and SPD are campaigning against the change, citing the particularly large number of long-term contributors entitled to it in their states; the premiers of Saarland and Bremen are voicing more limited opposition.
- According to pension commission member Jörg Rocholl, retaining penalty-free early retirement would leave around €10 billion annually unavailable for the planned funded pension pillar, which is intended to raise the pension level above today’s 48 percent from 2040.
The fact that central elements of the pension package are being questioned again before they have even been implemented makes me speechless.— Steffen Kampeter, chief executive of the Federation of German Employers' Associations (BDA), told Bild
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"Leaves me speechless": BDA President Kampeter warns against reopening the pension package
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Summary created with AI assistance · Source: fr.de
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