RV Sustainability Act
| Basic data | |
|---|---|
| Title: | Law to secure the sustainable financial basis of the statutory pension insurance |
| Short title: | RV Sustainability Act |
| Type: | Federal law |
| Scope: | Federal Republic of Germany |
| Legal matter: | Social law , civil law , tax law |
| Issued on: | July 21, 2004 ( BGBl. I p. 1791 ) |
| Entry into force on: | predominantly January 1, 2005 |
| Weblink: | Text of the law |
| Please note the note on the applicable legal version. | |
The RV Sustainability Act is a German social law reform package from 2004. The package of measures serves to stabilize the contribution rate for statutory pension insurance in Germany over the long term .
The Sustainability Act builds on previous reforms that were initiated in 2001 by the Retirement Assets Act and the Retirement Assets Supplementation Act . You had defined a contribution rate target in the general pension insurance. In order to ensure that the targets are met, the Commission for Sustainability in the Financing of Social Security Systems - the so-called Rürup Commission - was set up in 2002 to propose suitable measures for compliance with the contribution rate target in the area of pension insurance.
Problem
The reforms of 2001 (effective from 2002) set the maximum permissible contribution rate for general pension insurance to be 20 percent by 2020 and 22 percent by 2030 (“contribution rate target”). The downside of the contribution cap would manifest itself in the lowering of the pension level . The contribution rate factor was introduced into the pension adjustment formula to measure the reduction in the annual pension increase . To compensate for the lower pension level, a funded supplementary pension for old age was created, which is subsidized by the state. Funding takes place within the framework of a Riester pension, named after the labor and social affairs minister at the time, through tax breaks and / or pension allowances . In addition, the company pension scheme has been legally strengthened and made more extensive in terms of taxation. In this way, compensatory parts of the German pension system were transferred to the private sector.
However, projections by the federal government already showed in the following years that the contribution rate target being pursued could be jeopardized in the medium term. In order to ensure that the goals take effect in the long term, the Rürup Commission was commissioned to develop further valid measures. The constant demographic change in society and the change in economic framework conditions required special consideration . The aim was to provide impetus to secure and expand employment and to increase the competitiveness of the German economy by lowering non-wage labor costs .
activities
The package of measures was intended to ensure that the contribution rate to statutory pension insurance levels off at 19.5% in the medium term and is limited to a maximum of 22% by 2030.
- The pension adjustment formula was changed by introducing a sustainability factor . This created a balance in the relationship between contributors and beneficiaries while aligning the pension dynamic with the development of gross wages and salaries subject to contributions.
- Raising the retirement age for claiming an early retirement pension due to unemployment or after partial retirement . There were confidentiality regulations for defined groups of people.
- Fundamental abolition of the assessed crediting times for school-based training , insofar as these are not part of certain vocational training measures. In addition, in the case of pensions beginning on January 1, 2009, the general higher valuation (standard: calendar year average income in accordance with Annex 1 of SGB VI) of the first 36 months of compulsory contribution as periods of "bogus vocational training" was omitted - whereas for actual vocational training the valuation of up to stayed for 36 calendar months.
- Reallocation and increase of the fluctuation reserve under pension law in the sustainability reserve in accordance with Section 216 SGB VI to 1.5 monthly expenses.
- Addition of Section 154 SGB VI to the annual review as to whether an increase in the standard age limit from 65 to 67 years is necessary.
literature
- Florian Gräßler: The Restabilization of Statutory Pension Insurance: An Evolution Theoretical Analysis of the Reforms Between 2001 and 2007. Springer Science & Business Media (bibliogroup: "VS College"), 2012. ISBN 978-353-119-325-0 .
- Armin Pongs: What can we know? What can we hope for? What should we do ?: Demographic change and the future of our society, Volume 1 , Publisher: Dilemma, 2009. ISBN 978-398-058-224-7 .
Individual evidence
- ↑ Old Age Assets Act in Federal Law Gazette I 2001 p. 1310 ( Memento of February 25, 2014 in the Internet Archive ) (PDF file; 150 kB)
- ↑ The RV Sustainability Act (information)
- ↑ School and university education in the pension calculation
- ↑ Florian Gräßler, The Restabilization of Statutory Pension Insurance: An Evolution Theoretical Analysis of the Reforms Between 2001 and 2007 Springer Science & Business Media, March 30, 2012, p. 76 ff.
