Showing posts with label Pension. Show all posts
Showing posts with label Pension. Show all posts

Saturday, August 4, 2012

Advantage 37 – Old people are welcome

Excerpt from the book »Gradido – Natural Economy of Life«

»Old people are not all the same, probably even less than any other age group: for their long lives have made them into individuals. One of our current problems is that society refuses to understand that and treats all old people  'equally'.«
– Lily Pincus:
The Challenge of a Long Life

Unfortunately elderly people are often perceived as a burden. They no longer perform as well as young people and when they reach retirement age, society has to provide for them. If they become frail and ill, they are all too often shunted off to old people’s homes, which, in turn, cost a lot of money.

And, once again, things are quite different in the Natural Economy of Life. As old people contribute to creation of money and thus help to finance both the national income and the Equalisation and Environment Fund, they are welcome alone from a financial standpoint. In addition, they are lucrative customers for the business sector and thus welcome there as well, which constitutes the financial aspect.

The community can also greatly benefit from old people’s experience and wisdom, particularly from a human point of view. What a blessing it is for a family when the grandparents are still alive. Children adore their grandparents: they are more serene and indulgent, more generous and always ready to help – be it only with good words. This does not make them better than their biological parents, whose strictness is important for the children’s upbringing, but they are a great enrichment for everyone. A visit to their grandparents is like a holiday for many children.

What applies for the family applies even more for the larger community: old people enrich life in many respects. If they receive an active basic income, thus enjoying the right to unconditional participation, they also have social commitments, which give them the certainty of being needed. In this way they contribute actively to the common good. That keeps them young and fresh, they stay healthy longer and can therefore serve the community longer so that everybody concerned benefits.

Friday, August 3, 2012

Advantage 38 – Sure provision for old age

Excerpt from the book »Gradido – Natural Economy of Life«

»This sentence is true – and let me spell it out to you:  your pension is safe.«

– Norbert Blüm, CDU [Christian Democratic Union]
German Minister for Employment and Social Welfare, 1994

It has been clear for a long time that the statutory provision for old age is no longer sufficient. The state pension scheme may possibly collapse completely – even though people have paid contributions to it their whole life long. The »inter-generational contract« ceased to function a long time ago. This problem is a result of the system and cannot be solved in the old system.

In the Natural Economy of Life pension provision is assured through the basic income alone. Creation of money takes place in the here and now. We do not need an inter-generational contract, for old people contribute just as much to the good of all as everybody else.

It is also to be expected that people will be more healthy than today on account of the more favourable living conditions. Many people will still be fit and spry at an advanced age and enjoy taking on tasks. The strength of the active basic income is also shown here: while today a lot of people fall ill shortly after retirement because they no longer feel needed, unconditional participation guarantees everybody the right to contribute to the community in accordance with their inclinations and abilities. There cannot be a better health provision for elderly people than this.

So people will remain active in accordance with their inclinations and abilities up to an advanced age. Their basic income is only the foundation that assures their existence. Like everyone else they can also use their diverse skills to earn extra money – naturally tax-free!

If the money is not enough, some people may have granted interest-free loans in their young years which will provide additional income.