Social Security: Even Less Net of Gross - German Threatens to Pay Hammer
5 Articles
5 Articles
The planned reforms of the Federal Government are intended to stabilise the social funds. However, a new study shows that the burden could still rise significantly.
A new study on social contributions in Germany comes to an alarming conclusion: The taxes on unemployment, pension, health and nursing insurance could continue to rise dramatically in the coming years. How much of the gross wage will remain in the future?
An exclusive study warns: Despite the planned reforms, social contributions could rise to almost 50 percent by 2035.
Work becomes more expensive, wages remain less: despite announced reforms in pension, health and care insurance, workers and employers face a considerable additional burden.The total contribution rate to social security could rise from currently 42.8 to 49.3 percent by 2035. This is reported by the picture based on a study by the IGES Institute on behalf of the New Social Market Economy Initiative.The contribution social contributions rise to mo…
By 2035, the total contribution rate to social security increased from today's 42.8 to 48.8 percent if the policy does not counter with further structural reforms. By 2028, it was 45.4 percent. The planned reforms in retirement, health and care do not change very much. This is the result of a new study by the IGES Institute on behalf of the Initiative Neue Soziale Marktwirtschaft (INSM), which is now being published in Berlin.
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
