Minimum pension of 1,500 euros and a higher pension level
The BSW wants to expand the statutory pension so that it secures people's standard of living and protects against old-age poverty. It calls for a minimum pension, tax-free pensions up to 2,000 euros and a much higher pension level; it rejects a later retirement age.
People who paid in for 40 years should get at least 1,500 euros in pension. Pensions up to 2,000 euros should be tax-free. Pensions should be higher overall. The retirement age should not rise further.
The pension level is to be at least 75 percent of net income. The minimum pension of 1,500 euros is to apply after four decades of contributions. Benefits paid by the pension fund that are not based on contributions are to be financed entirely from taxes. The BSW rules out any further increase in the retirement age. The program sees the statutory pension as the foundation of old-age security that should not be subject to austerity measures.
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„Dazu gehören eine Mindestrente von 1.500 Euro nach 40 Beitragsjahren, die Steuerfreiheit von Renten bis 2.000 Euro und ein Rentenniveau von mindestens 75 Prozent des Nettoeinkommens.“Translation: This includes a minimum pension of 1,500 euros after 40 contribution years, tax exemption for pensions up to 2,000 euros and a pension level of at least 75 percent of net income.
Placement
- Economyclearly more state
A pension level of 75 percent instead of roughly 48 percent today, plus a new minimum pension, would fundamentally expand public old-age provision.