Future of pension scheme: Strengthening company pensions in focus

Future of pension scheme: Strengthening company pensions in focus

In a huge pattern, Dirk Jargstorff, deputy chairman of the CEO of ABA, calls for a revolutionary turn in pension policy on September 25, 2024 in Bonn! Against the background of the urgent debate about old -age insurance in Europe, which is fueled by the planned capital market union, he emphasizes: "The company pension scheme in Germany is the Königsweg for most employees!"

With a passionate appeal, Jargstorff calls for strengthening the capital -covered pension scheme. He says that every employee should build a financial pillar for age. "We have to hold the decisive threads of the pension debate together in the EU," he adds. The common European objective of an appropriate age income is one of the cornerstones of our social rights - and all Member States must work on that!

together strong for the future

The challenges for sustainable pension scheme are immense. Jargstorff emphasizes that a comprehensive legal framework in the areas of tax, social and labor law is necessary to strengthen the company pension scheme. Particularly explosive: The euro group is asked to find ways of how people can be better integrated into company pension schemes. A look at Ireland shows that it is possible: There are new rules for automatic inclusion in pension scheme!

But the situation in Europe is complex! In Germany, the range of pension products is already diverse, but the hope of standardization through EU-wide products-such as the pepp, which was created a few years ago-has so far been disappointed. Jargstorff is certain: "The causes of the defective distribution cannot be found in the product range!"

Way free for improvements

dr. Georg Thurnes, the CEO of ABA, underlines the difficult situation and clearly demands: "The Federal Government has to be committed to further develop the existing systems of company pension scheme!" He sees the laws on the right path, but calls for a tax flanking for new possibilities and faster implementations to help low earners and to address the precautionary problem directly.

Time is pushing! A targeted adjustment of the tax framework could be the key to significantly reducing the complexity of the company pension scheme and promoting the expansion. Thurnes in particular requires improvements to transfer supply obligations to pension funds.

The ABA - a tireless fighter for pension security in Germany. For 85 years she has represented the interests of everyone who stands up for a fair and sustainable company pension scheme.