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Sahra Wagenknecht's Party Proposes €120 Monthly Pension Increase

The Bündnis Sahra Wagenknecht (BSW) calls for an immediate pension raise to offset inflation but offers no clear funding plan.

  • The Bündnis Sahra Wagenknecht (BSW) has made a €120 monthly pension increase for all retirees a central demand in its Bundestag election campaign.
  • Sahra Wagenknecht argues the increase is necessary to compensate for significant losses in retirees' purchasing power over the past three years.
  • The proposal would disproportionately benefit retirees with small to medium pensions, particularly women, according to Wagenknecht.
  • Wagenknecht has suggested adopting an Austrian-style pension system, where all workers contribute, as a long-term solution for higher pensions.
  • No specifics have been provided on how the immediate pension increase would be funded, raising questions about the financial feasibility of the plan.
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