Pension age: new ideas from the science of the populist Marseille Fratzister

Inch The President of the German Institute of Economic Research (DIW) Berlin Marcel Fratzsher is in the process of profiling himself as a scientific populist. No topic is safe from it: sometimes we are talking about education, and then regulation of cryptocurrencies, another time about tariffs. He recently opposed the price of an industrial flow and briefly explained that Germany should release certain economic sectors.

His younger volt: in Rheinische Post If he requires an increase in a pensioner, and plays generations against each other. The boys would have to pay the mine for pensions of old numbers, he claims and demands compromises: a later pension and a lower pension increase. But: raising the pension limit and lower covers will also affect boys – if they are once old.

Anyone who talks with the pension system is just as bad as Fratzsher makes boys easy prey for the seller of the commission: inside a private pension. For young people who are no longer young, a later resignation will mean nothing more than a pension reduction. Even today, many are not able to work up to 67 years. Poverty in old age is already growing. This especially affects women. Many pensioners: there must be boards inside to have enough food, or – until they can – earn something. Just often refuse to raise a reward.

Yes, pension reform is needed. But the one that provides more, and not less social security and justice. This is important for this, the minimum pension for the entire and regular pension increases that retail sellers: participate in growing prosperity and do not decrease from it. This can be financed, entering all employees to pension funds, and pensions are limited by really high income. This is possible in Austria. And with the corresponding political will, too.