On 18 September, the German cabinet adopted the draft second law to “strengthen occupational pensions”, presented by the labour and finance ministries. According to labour minister Hubertus Heil (SPD), the role of supplementary company pensions should grow and become the “norm” for employees. The focus is on people on low incomes and employees of small companies, which offer too few such supplementary pensions. The income threshold below which employers benefit from tax aid will be raised from €
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As a Berlin correspondent for the French and Swiss press since the late 1990s, I cover a wide range of economic, political and social issues, with a particular focus on the German business and labour market. My areas of interest include co-determination, digitalisation, demographics and ESG/DEI policies.