Germany’s pension commission has agreed on a new concept that primarily affects the self-employed. They will have to pay into the statutory pension insurance in the future to avoid old-age poverty. Civil servants, on the other hand, keep their own pension system but will have to accept cuts in future pension increases.
According to information from “Welt,” the commission did not dare to make a fundamental system change. Instead, it is relying on a partial reform that largely preserves existing structures. The proposal aims to secure the long-term financing of pensions without forcing civil servants completely into the statutory system.
Source: www.welt.de
