The Social Association of Germany welcomes the pension increase that was introduced by the Federal Cabinet on Wednesday, but considers it insufficient. “It is an important sign for millions of pensioners” said Michaela Engelmeier, the president of the SoVD, to the newspapers of the Bayern media group. “In times of increasing prices for rent, energy and consumer goods, this means a tangible relief. But: For many, especially with small pensions, this adjustment will simply not be enough.” “In light of the ongoing discussion about the future of pensions, this adjustment is one of many advantages of the statutory pension insurance.” The statutory pension is a stable anchor in times of crisis, which is often forgotten in the debate.
Social Association: Pension Increase Insufficient for Many
