Berlin - Giant vortex around the Riester pension: A report of the ARD magazine "Monitor" brings the additional private pension provision, especially for low bit.
Even an average earner who is 32 years pays into the pension fund, according to "monitor" may not benefit at the end of the Riester pension. After all, who later retired as a dependent on social assistance will receive his basic allowance for the amount that he receives from the Riester pension reduced. He then has a month to the account as much as someone who has not completed the Riester pension.
Pensions expert Winfried Schmahl: "Millions have to expect that their Riester promote a sense dissolves into thin air."
Ex-Labor Minister Walter Riester (SPD), the monitor showed report relies on internal figures from the German Pension Insurance (DRV), back as irresponsible. For a "relentless insecurity low-income people would run." The facts, however, he denied not. Riester, "welfare always presupposes must take into account their own needs and resources of the parties concerned. The citizens can not sit permanently on welfare. "
Consumer activists point to a way out for low wage earners. "Who can ignore just before retirement, it does not flow over the basic, may terminate the contract. Then, although savers need to repay the bonuses. In addition to the wealth they themselves paid, but interest rates remain so, "said Niels Nauhauser from the Consumer Baden-Wuerttemberg.
Economic expert Bert Rürup, which advises the federal government, called for changes to the law. Who "riestert", then in fact the money would also have in my pocket.
NRW-Minister for Social Affairs, Karl-Josef Laumann (CDU) is concerned that hundreds of thousands later, the pension is not enough. The problem is the growing low-wage sector. Laumann, "An insured person with an income of around 7.50 euros per hour is obtained after 47 years of work in 2030 at current prices, only a pension of around 510 euros."
In NRW alone about 330,000 full-time employees now working for an hourly wage of less than 7.50 euros, as Laumann.
