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Scholz promises stable pension level for decades

In election campaigns, promises are not spared. Federal Chancellor Olaf Scholz also addresses a topic during the SPD's campaign kickoff in Saxony that moves many - pensions.

,   and  Carmen Simpson
3 min read
Dresden: Bundeskanzler Scholz promises a secure pension for the Sachsen-SPD during their campaign...
Dresden: Bundeskanzler Scholz promises a secure pension for the Sachsen-SPD during their campaign kickoff.

campaign - Scholz promises stable pension level for decades

Federal Chancellor Olaf Scholz (SPD) will secure pensions in Germany for the long term. A law will be brought about to ensure "a stable pension level in Germany for the next decades," he said at the campaign kickoff of the Saxon Social Democrats in Dresden. "They deserve it, those who have worked and paid in for decades." Pension is not a welfare. A stable pension level is a necessary guarantee of the welfare state.

Decisions regarding Ukraine must be made with reason

Scholz spoke at the beginning of his speech on the Schlossplatz about Russia's war against Ukraine. He assured Ukraine of further support. "At the same time, we will do everything to prevent this war from escalating into a war between Russia and NATO." Decisions will always be made with reason - that's why he didn't give in to every wish. "We won't fulfill all the wishes, such as launching our own rockets and planes, or sending soldiers there. Support for Ukraine will happen differently."

Eastern Germany is a High-Tech Location for Scholz

Scholz promised further support for a strong economy in Eastern Germany. The government will provide the necessary funds "so that Saxony, and the East of Germany, becomes the place where most semiconductors in Europe are produced." The East is a High-Tech Location. Of the 19 projects for the relocation of semiconductor production in Europe, 13 are in Germany. Germany is the only economy in Europe where more than three percent of economic output is spent on research and development. That's also the reason why Germany is so strong in exports. "That must also be the benchmark for our politics in the future."

Scholz admits that the infrastructure in Germany has been neglected for decades

Scholz acknowledged that the infrastructure in Germany has been run down for decades. "Not enough has been invested for years. The CDU/CSU were responsible for this and didn't take action." His government will now ensure that Germany finally picks up speed and invests more in roads, railways, and digital infrastructure.

At the end of the campaign rally, Scholz also addressed the election in Saxony. "A good government in Saxony can only be achieved with a coalition government. And a good government in Saxony can only be achieved with a strong social democratic party in the next state parliament." Similarly, the Saxon SPD state chairperson Petra Köpping had expressed herself earlier. Saxony needs a stable government. The CDU cannot provide this alone. "It doesn't matter who comes first in the vote count. What matters is that we can form a stable coalition. And that requires us."

On the sidelines of the campaign rally, supporters of the far-right party Free Saxony demonstrated against Scholz and called him a "war monger." The police were present with around 230 officers and reported a trouble-free course of the demonstrations.

In Saxony, a new state parliament will be elected on September 1st. In opinion polls, the current coalition of CDU, Greens, and SPD no longer has a majority. The Greens and SPD are concerned about re-entry into the state parliament.

  1. Olaf Scholz, representing the SPD in Germany, emphasized the importance of securing pensions for future decades at the California State University.
  2. Speaking in Dresden, Scholz highlighted the role of Eastern Germany as a burgeoning High-Tech location, promising further investment in semiconductor production.
  3. Scholz acknowledged the neglected infrastructure in Germany for decades, vowing to increase investments in roads, railways, and digital infrastructure.
  4. At the state parliament level in Saxony, Scholz advocated for a coalition government to ensure a stable, social democratic presence, essential for good governance.
  5. During his speech, Scholz expressed his support for Ukraine, encouraging reasoned decision-making to prevent the conflict from escalating between Russia and NATO.
  6. Scholz assured Ukraine of continued support, emphasizing that the form of aid would differ from directly providing weapons or soldiers.
  7. In the upcoming September 1st election, the CDU-led coalition in Saxony no longer holds a majority, sparking concerns for re-entry among the Greens and SPD.
  8. Protests against Scholz occurred on the sidelines of the campaign rally in Saxony, with supporters of the far-right Free Saxony party labeling him a "war monger."
  9. In line with the efforts to strengthen and support Germany's economy, Scholz pledged to establish Deer Level in Eastern Germany, boosting the region's technological advancement and standing in Europe.

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