IG Bau Sees Many Baby Boomers Before "Housing Poverty"
6 Articles
6 Articles
In many regions of Germany, rents and ancillary costs increase significantly. For people with a low pension, this is a big problem. According to calculations, over the next ten years, many high-birth years have to adapt to difficulties.
The trade union IG BAU warns against a "massive housing poverty" of pensioners.
The IG Bau warns against growing housing poverty in old age. According to head Robert Feiger, around 5.1 million baby boomers could later receive less than 800 euros pension. A study by the Pestel Institute sees a federal state particularly affected.
5.1 Million Baby Boomers Face Housing Poverty – Pensions Not Enough to Cover Rent (dpa) Millions of baby boomers face the threat of severe housing poverty in the coming years. The IG Bau union warns that around 5.1 million people of this generation will receive less than 800 euros per month from their statutory pension after retirement. This affects approximately 40 percent of those retiring between 2026 and 2036 – a total of 12.9 million people…
When the birth-strong vintages of the 1960s retire, 5.1 million of them face housing poverty because the pensions are too low for the high rent and ancillary costs. A study by the Pestel Institute on behalf of the trade union IG Bau warns against this.
The industrial union IG Bau has warned of massive housing poverty among pensioners. Around 5.1 million baby boomers will receive less than 800 euros per month from their statutory pension, IG Bau chairman Robert Feiger told the Rheinische Post (Thursday edition). This represents roughly 40 percent of the baby boomer generation across Germany, who will retire between this year and 2036. Rent, at the latest, will push a large proportion of these b…
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