Really? Do pension contribution-liable incomes fall from the sky? Or are they generated with the help of a capital stock?
Every euro that comes in through my pension contributions goes straight out again, plus 110 billion euros from eco tax, mineral oil tax, value-added tax, etc. This makes a redistribution sum of about 450 billion euros per year. If no one pays contributions anymore, the oven is immediately out. Nothing is saved up. On the contrary – if they continue with their pay-as-you-go system and don’t slowly introduce something sustainable, Mr. Lindner will even have to take on debt for the pensioners – the contributions are already at the limit. Well, the boomers who are soon going into retirement have it good – they get everything from their parents who rebuilt everything after the war and now, like fat maggots in bacon, rest on their prosperity (of course, I’m exaggerating a bit). Intergenerational justice looks different – people like us have to pay the highest contributions and keep the system running. For 2 boomers, there is only one contributor from the generation under 35. Amen – good night German pension system.