Diet expansion suggests a rise by 5% in the consumption of food or meals.
Hey there! Let's discuss this retirement situation, shall we? It's all good and well that I, as a retiree, am content with my old-age pension andproviding for my family and charity causes. But I can't help but roll my eyes at the continual escalation of Members of Parliaments' diets. Starting July 1, 2025, that's set to jump by 5% to a whopping 11,463.66 euros! That's not all, there's a tax-free expense allowance of around 4,700 euros and 187 euros for the pension fund.
Why in the world are they using the previous year's nominal wage index instead of the transparent inflation rate? I mean, we've got civil servants in most federal states who'll see salary increases, but poor Hesse might have to wait for that second increase (no guarantees though). As for retirees, our pensions will only climb by 3.74% or 66.15 euros from July 1, 2025, reaching an estimated standard pension of 1,835 euros for those with 45 years of contributions.
Meanwhile, children are getting a 2% increase in child benefit to 255 euros per month beginning Jan 2025 and a further 1.57% increase planned for Jan 2026. Citizens receiving benefits are out of luck though - no adjustment to the basic rate is planned.
With folks experiencing increased living costs, this move screams 'wrong signal,' especially with reports circulating about absent lawmakers or sparsely-occupied government benches. I'd be over the moon if our elected representatives led by example - not just through financial restraint but also through their active presence, engagement, and sense of responsibility in parliament and towards the population.
This principle applies to the use of special assets (new public debt) as well. Let's see some real action, not just empty promises, folks!
By the way, it's fascinating how MPs' salaries are often tweaked based on factors like the cost of living, inflation, and maintaining a competitive edge in public service wages. But why am I not surprised, huh? They got to maintain their lavish lifestyle somehow!
Anyway, that's my piece on the ongoing dinner party for politicians! Peace out!
P.S. - Essen and Mülheim an der Ruhr.Klaus Justen.
- The ongoing discussed retirement situation has led to a question regarding the use of the previous year's nominal wage index instead of the transparent inflation rate for policymakers' budgeting decisions, especially when compared to the small increase in retirees' pensions.
- It seems that politics tends to prioritize policy-and-legislation concerning Members of Parliament's personal-finance matters, such as salary increases, over general-news issues like rising living costs and the impact on retirees and citizens receiving benefits.
- Furthermore, the topic shows that the lifestyle of elected representatives appears to be lavish, with annual salary increases significantly outpacing those of civil servants and retirees, raising concerns about the ongoing fairness of policy-and-legislation in relation to public finance.
