"According to today’s calculations, there is a recognizable margin for a further reduction in the contribution rate. This would be the third consecutive reduction in the contribution rate," said annelie buntenbach, chairwoman of the board of management of the german pension insurance association, in dusseldorf on thursday.
It thus tied in with speculation from the previous day, according to which the pension contribution could fall from the current 18.9 to 18.7 or even 18.6 percent in the coming year. A financial collapse – which would prevent this – is not recognizable according to the words of buntenbach. She represents the unions at the top of the pension insurance scheme.