>Like I said, if all social security was through private insurance the tax burden would be lower but the people wouldn't have more money. It won't be that lowe

>Like I said, if all social security was through private insurance the tax burden would be lower but the people wouldn't have more money. It won't be that lower. The German pension has existing liabilities that they must pay. Since it is backed by the state, it will inevitably be paid by the taxes. Even if the pension payments were abolished, just to pay existing entitlements, the taxes would be increased proportionally. The public pension can be considered a plus in a young country with a healthy demographics. In a geriatric state such as Germany, it is a big burden.