Posted on 11/14/2019 2:30:54 PM PST by Olog-hai
The German government struck a deal on Sunday to guarantee a basic pension for low-income workers after months of rising tensions over the issue that threatened to spark a government crisis.
Chancellor Angela Merkels center-right Christian Democrats (CDU) and their Bavarian sister party, the Christian Social Union (CSU), had been butting heads with their coalition partner, the center-left Social Democrats (SPD), over how to execute the plan.
In the future, people who receive small pensions despite paying into the system for decades should expect to receive more money.
Pensioners will have to undergo an income review in order to qualify for the extra payments, CDU leader and Defense Minister Annegret Kramp-Karrenbauer said at a press conference in Berlin. [ ]
The plan is set to cost an additional 1.5 billion ($1.65 billion), CSU party leader Markus Söder said.
The compromise was agreed after over five hours of negotiations between party leaders.
(Excerpt) Read more at dw.com ...
And to think, germans imported the dregs of subhumanity to fund these very same pensions
All the lying crap we here the left vomit about why we need the borders open and immigration so they can pay taxes into the system, help fund our pensions and social security. Lies lies lies
“Chancellor Angela Merkels center-right Christian Democrats (CDU) “
Center-right???? LOL!!!!!
Yes, the CDU is center-right in the context of German politics.
::Center-right?::
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Yeah, that one struck me, too. Purveyors of Fake News, huh?
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