Klingbeil to Ensure Consistent Social Security Contributions - Klingbeil aims for social security contributions' security and stability.
Federal Finance Minister Klingbeil Proposes Stabilizing Social Security Contributions
Germany's Finance Minister, Lars Klingbeil, has outlined plans for structural reforms aimed at permanently stabilizing contributions for Social Security, particularly health and long-term care insurance. Temporary relief with higher subsidies from the budget can only address the issue in the short term, he said, stressing the need for long-term solutions.
Klingbeil highlighted that the finance minister should not be a constant source of additional funds. Instead, structural reforms are necessary to permanently stabilize contributions. He told "BamS" that these reforms will involve a collaborative and evidence-based approach, as mandated by the coalition agreement.
While discussing the coalition's planned tax reform, Klingbeil expressed opposition to providing relief to top earners. He argued that the financial burden should not be disproportionately relief on them. Instead, he advocated for support for those with low and middle incomes.
In the coming budget, Klingbeil's priorities are to spur economic growth, secure jobs, and lower energy prices, with an aim to boost investments through super-depreciation.
Aiming to rebuild the SPD, Klingbeil stated that the party must address concerns arising from the election results, where they received 16.4 percent of the vote. He believes that the focus should shift from citizen's income to the welfare of workers.
In the context of pension reform discussions, Klingbeil supports including civil servants in the statutory pension system, which would broaden the contribution base. He also emphasized the importance of strengthening the economy to ensure sustainable financing of social spending.
Lars Klingbeil, Finance MinisterSocial Security ContributionsSocial Security ReformSPDBamS
The Finance Minister, Lars Klingbeil, proposes that the Social Security Reform should involve structural changes to permanently stabilize contributions, as being a constant source of additional funds is not sustainable. He also stresses the need for a collaborative and evidence-based approach in this reform, as denoted by the coalition agreement.
In the discourse of vocational training and economic growth, the Finance Minister, Lars Klingbeil, advocates for investments in super-depreciation, aiming to boost businesses, provide employment opportunities, and potentially include vocational training programs to prepare a skilled workforce for the future. This could be aligned with the SPD's focus on workers' welfare over citizen's income.
