[GA+] Comments on pension package II: It is very expensive

Will the traffic light government collapse because of the pension package? How ironic. Especially considering the high level of young voters’ support for the AfD in the last election. On Friday, pension package II was discussed in the Bundestag for the first time. Chancellor Olaf Scholz, together with the SPD leadership, made the rapid adoption of the legislative package a condition for the continuation of the traffic light coalition. Now the traffic light coalition wants to set the average retirement level over the next 15 years at 48 percent of average income with pension package II. In addition, additional financing from share income from sovereign wealth funds will be introduced for mandatory pension funds. The aim is to curb the increase in fees. Pension contributions are currently 18.5 percent of gross income; in 15 years it is expected to be more than 22 percent.