- cross-posted to:
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- cross-posted to:
- [email protected]
cross-posted from: https://lemmy.world/post/6837465
Even though right-wing politicians decry immigration (because it’s a populist viewpoint), they secretly or openly want more. Countries without low immigration will lag economically compared to countries with high immigration such as the US.
Original link: https://www.ft.com/content/de913edd-71d1-4a36-b897-091125596952
The main problem in Germany is, is that there are different pension systems for privileged classes (Politicians, Civil Servants, Doctors, Lawyers, Bankers) and the REST. The privileged classes are fighting tooth and nail to prevent THEIR pension services included in a singular pension system. Another problem is that only the workers are paying into the system - if you earn income from any other sources like being a landlord or owning vast wealth and accrue interest - that income does not count for the pension fees.
This is just a very short abstract and it doesn’t really capture the complexity.
As you have written that they could lower the pension… the pension by 2035 will be 43% of your net income before taxes. The average German pension is about €1500 per month (those privileged classes I talked about before, have multiples of the average German pension)
What you mention are indeed major problems, but the main problem is still the ageing demographic. Even everybody paying into one pot won’t fix the mismatch between payers and recipients we’re going into in the coming years.