Pension Security Budget

Proposed by Modern Alliance Of Saxenheim · Passed 28 Sep 2018

✅ Passed

Rationale

This supplementary budget complements the government’s pension reform by strengthening support for today’s pensioners while maintaining responsible public finances. By investing in retirement, healthcare and social welfare, we ensure that long-term sustainability goes hand in hand with dignity, security and stability for the people of Saxenheim. This supplementary budget has been prepared by the Ministry of Finance in cooperation with the Government as a whole, reflecting our collective responsibility to govern with stability, responsibility and a long-term vision for Saxenheim.

Figures show the previous budget where they changed the new value.

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	19%
Personal income tax: Medium earners	21%
Personal income tax: High earners	28%
Personal income tax: Elite earners	35%

Annual Spending

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$1,711 $1,730	$1,045	12.5%	$180.0bn $182.0bn
Retirement	$3,422 $3,565	$1,890	25.0% 25.7%	$360.0bn $375.0bn
Healthcare	$2,823 $2,833	$2,389	20.6% 20.4%	$297.0bn $298.0bn
Education	$1,711	$1,649	12.5% 12.3%	$180.0bn
Housing	$713	$603	5.2% 5.1%	$75.0bn
Justice, Police & Internal Security	$760	$682	5.6% 5.5%	$80.0bn
Defence	$380	$831	2.8% 2.7%	$40.0bn
Environment & Climate	$190	$235	1.4%	$20.0bn
Business Support	$713	$592	5.2% 5.1%	$75.0bn
Arts, Culture & Media	$190	$255	1.4%	$20.0bn
Foreign Aid	$76	$69	0.6% 0.5%	$8.0bn
Roads & Highways	$356	$385	2.6%	$37.5bn
Public Transport & Rail	$285	$305	2.1%	$30.0bn
Energy Infrastructure	$214	$232	1.6% 1.5%	$22.5bn
Ports & Airports	$143	$157	1.0%	$15.0bn
Total			100.0%	$1,440.0bn $1,458.0bn

Vote tally

Bundesrat

Passed

52Yes 0No 17Not voted 69 seats

For: 52 / 69 filled seats (75.4%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 17

Party	Seats	Vote	Reason
Alliance For Digital Freedom And Rights	31	Not voted
Alliance23	8	Not voted
Homeland Alliance	29	Yes	No reason given
Left Forward	16	Yes	No reason given
Modern Alliance Of Saxenheim Proposer	7	Yes	No reason given
Saxenheim Workers’ Union	20	Not voted

Bundestag

Passed

466Yes 0No 184Not voted 650 seats

For: 466 / 650 filled seats (71.7%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 184

Party	Seats	Vote	Reason
Alliance For Digital Freedom And Rights	286	Not voted
Alliance23	75	Not voted
Homeland Alliance	288	Yes	No reason given
Left Forward	134	Yes	No reason given
Modern Alliance Of Saxenheim Proposer	44	Yes	No reason given
Saxenheim Workers’ Union	187	Not voted

Voting record

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Current budget Budget history