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Renewed debate on Saxon generation fund

A debate has flared up again about the Saxon civil servants' pension fund (symbolic image). / Photo: Karl-Josef Hildenbrand/dpa
A debate has flared up again about the Saxon civil servants' pension fund (symbolic image). / Photo: Karl-Josef Hildenbrand/dpa

The Saxon generation fund is intended to cushion the state's future pension burdens for its civil servants. The government now wants to reduce the allocations in order to plug holes in the budget.

In Saxony, a debate has once again flared up about the generation fund. It is intended to reduce the state's future pension costs for its civil servants. The government's draft budget provides for a reduction in the allocation of resources to the fund. The Left Party believes this is right. The pension fund is not an obligation, but an optional extra and could easily grow more slowly, emphasized MP Rico Gebhardt.

Several associations had commissioned a legal opinion on the subject and see their view confirmed. "Expert opinion makes it clear: generation fund is taboo for budget consolidation", was the conclusion of the civil servants' association. The expenses for pension benefits due in the future would have to be saved in full and used exclusively for specific purposes.

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