Chair of Economic and Social Policy

Pension insurance is no good as a crisis hedge

Professor Christian Hagist, Chair of Economic and Social Policy, in the INSM economists' blog

Prof. Dr. Christian Hagist, comments on the discussed one-time payments for pensioners in the INSM (Initiative New Social Market Economy) economists' blog. The statutory pension insurance system allows pensioners to participate in increases in overall economic prosperity. This has proven its worth and has been to the great advantage of this group over the long term. Pensions should therefore not be indexed to inflation. Not even on a one-off basis.

Read the article (German only)