If the optimal pension system for Germany were to be drawn up on a piece of white paper, it would look different from the existing one.
Because that is complex, incomprehensible, non-transparent and does not achieve its goals everywhere.
Low paid and small business employees are underrepresented.
The capital investment is based on an understanding of security that no longer fits the yield situation after the international financial crisis.
It is reasonable that the parties that are now exploring the issues of a possible coalition together have carried out international benchmarking.
In doing so, they came up with the Swedish model.
But they should not underestimate that the existing system also needs to be purged so that it can achieve better results for millions of savers.
And they should not only look to the north, but also to the west.
The Dutch have set up a rather complex, but extremely powerful system.
Unfortunately, a good precautionary policy has to drill very thick boards.
And unfortunately there are hardly any points to be gained from the voters.