Rebuild pensions as a universal citizens' insurance
The Tierschutzpartei wants a pension insurance that everyone pays into, including lawmakers, civil servants, and the self-employed. Every person would receive a guaranteed pension that prevents old-age poverty. The pension level should be well above 50 percent in the medium term.
Everyone should pay into the same pension fund. This includes civil servants, politicians and self-employed people. Everyone should get enough pension in old age. Pensions should be higher than today. The party is critical of private pension plans.
Contributions would depend on income and be capped at 25 percent in the long run. The effects of an aging society would be offset with tax money. Pensions would remain pay-as-you-go and be supplemented by company pensions. The party rejects a purely capital-market-based system because of the risks to pension claims and the global economy. It is critical of private retirement plans and instead wants to expand the pay-as-you-go system and strengthen consumer protection for pension products.
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„Wir streben eine solidarische Bürgerversicherung mit Garantierente und steuerfinanzierter Demografieanpassung an.“Translation: We are striving for a solidarity-based citizens' insurance with a guaranteed pension and tax-funded demographic adjustment.
Placement
- Economyclearly more state
Bringing all workers into a citizens' insurance with a guaranteed pension fundamentally restructures and expands today's pension system.