MLP AG informs about news judgment of the European Court of Justice under previous law, so the MLP AG, had to abandon these groups on Government support in the accumulation phase or repay them in retirement. Today’s ruling blocks the opinion of MLP AG. Riester saving is again more attractive through the loosened regulations”, says Miriam Michelsen, head of prevention at the MLP AG. Because the previous provisions to the Riester pension discriminate against individual groups of people, so the European Court of Justice (ECJ) in its latest ruling, the Federal Government must rework. Frontier workers, migrant workers and about 186,000 German pensioners living abroad but also all pension savers who do not necessarily want to spend their retirement years in Germany are affected according to MLP AG in the first place. Who lived as frontier workers previously worked in Germany and paid its contributions but in abroad and paid income tax only because a double taxation agreement, was by the State promotion of the Riester excluded. This changed after the entry into force of the Court judgment and the implementation of a law for about 67,000 workers, emphasizes the MLP AG. According to the MLP AG, German retirees who spend their retirement years in a foreign country, could benefit from the judgement in far greater numbers.
Because the State promotion of the Riester is then no longer to repay if the recipient paid no further taxes in Germany after leaving the country. Favors are also migrant workers who return to the labour market in their home countries. The verdict with views all today’s workers will appear much more far-reaching so the expectation of the MLP AG. “They obtained the judgment much wider latitude in designing their private pension schemes: those who are today interested in Riester, after the ruling no longer consider where he wants to live in the age”, so Michelsen of MLP AG. First, the Federal Government must implement the judgment but in national law. About the MLP AG the MLP AG is an independent financial and investment advisors. The MLP AG has decades of experience in consulting for academics and other discerning clients. With around 2,500 highly qualified consultants, MLP AG for almost 775.000 customers is the competent partner in all areas of personal financial management.