ifo Study: `German Citizen Fund` Could Reduce Pension Gap for Low Earners
(WorldNews Europe)

Apr 23, 2019 The ifo Institute presents the `German Citizen Fund,` a new instrument for strengthening wealth formation and pension provision for the entire population. Such a fund could reduce the pension gap for low earners. The Federal Republic of Germany`s excellent creditworthiness as a debtor enables the country to borrow cheaply and to achieve a considerable yield differential with a reinvestment. As an ifo simulation shows, if the federal government were to invest 0.5% of GDP per year for all people of working age starting...