The BVMW, Germany's largest association of small and medium-sized enterprises, supports the proposal to introduce regional pension funds and regional private equity funds in the funded pension scheme.
On August 27, the financial mathematician Prof. Dr. Christoph Becker from the h_da University of Applied Sciences Darmstadt and Alberto del Pozo (BVMW spokesperson for pensions) discussed the BVMW's pension reform concept with the Hessian Finance Minister Prof. Dr. Ralph Alexander Lorz.
The main points are
- Extension of the regionality principle to the capital market
- Integration of regional pension and private equity funds into the funded pension scheme
- Benefits for the real and financial economy, strengthening of the pension system, preservation of social freedom and free competition
- Bundling of all state subsidies in a personal pension account
Further information can be found in publications by Prof. Christoph Becker, who conducts research under the motto "Finance as if people mattered":
- Extending the regionality principle to the capital market (paper)
- Regional pension funds in funded pension provision (paper)
- Overview lecture on old-age provision (youtube video)