Pension level is permanently guaranteed at the current level, in return for a capital stock for financing. FDP parliamentary group manager Johannes Vogel does not consider this planned reform package to be approved in the form currently available.
Vogel suggests a number of additions as options, including entry into a “real stock pension” and an exit from the so-called pension at 63, which is now a pension at 64 due to the increase in the retirement age. Labor Minister Hubertus Heil (SPD) and Finance Minister Christian Lindner (FDP) jointly presented their proposals in March.