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Nothing less than theft... Is there a solution..

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Posted on 15/04/2004 10:30 am

Nothing less than theft... Is there a solution..

Hi all,

we all are aware in the present circumstances, we need to go back after 5 years. Fine, we can live with it. But what i cannot digest is that the money i paid into my pensions is being enjoyed by the German govt and i dont even get any interest on it. And the bad part of it is, i have to wait complete 2 years to get my contributions back without any interest.

And the worst part is that pensions paid by my employer into my account is completly swallowed by the German government. Dont you think its a theft. Atleast i feel its akin to the english proverb, robbing you in the broad day light.

Worst part is both me and my wife are victims of this robbery. So its like being robbed twice.

Dont we have any solution for it? That we get back both our contributions and the contributions made by our employee towards our pensions after we leave this country? Unfortunately India (my home land) does not have an agreement with Germany to repatriate the pensions.. Any ideas?

Its crossed my mind today morning.. If we analyse the way German Govt(here after just Govt) has framed the rules for Greencard holders is very much sinister. Its like this.

1. we are allowed to stay and work here for only 5 years.

2. Their pensions rules say that you are eligible for pensions only if you subscribe for more than 5 years. Failing that you get back only your contributions 2 years after you leave this country.

3. And the its generally accepted that they will take all the money contributed by employer if you leave within 5 years.

So they are not even giving us a chance to get back our rightful money by forcing us to leave germany as soon as 5 years are complete. I guess we may stand a good chance if we goto a European High court and do a class action suit against Govt for its day light robbery. Think about it.

Cheers,

Cmreddy

cmreddy

Member since 19/11/2003

 

Posted on 20/04/2004 8:36 am

Re: Nothing less than theft... Is there a solution.. Yes

hello guys,
I dont understand why you guys are crazy about german green card and staying more than 5 years in a green card(only 5 years))
hating country.what is the benefit in working a country which is
having 45% deductions. Of which almost 50% of these money is lost and the rest is mismaneged by the government.( i am not sure about figures please forgive me)I personally
think it is good only to work 2 years in germany and use this experience as a spring board.( I heard that german experience is
having good value due its high quality and also , if one survives in germany he can survive in many other environments easily).
I dont advise you to go to court as the government is already poor(have budget deficiency). They will become more poor if they have to pay ur money back, and it damages ur image as a high earning grün cardler(How could u be so inhumane to such a country which is doing lot of humanatarian work in the world).
If germany gives u something u have have to give back something.No business is a zero sum game.

so if u think about all these things i think u can leave all ur hard earned deductions and look for greener pastures which is not having 45 % salt in it.
cheers

the_nomad

Member since 01/04/2004

 

Posted on 20/04/2004 1:03 pm

Re: Nothing less than theft... Is there a solution..

Is Rentenversicherung going to be paid back to people who are going back their home country (before 5 years) which is going to become UE "state" after 1st of may??
Or in another words is Poland has any agreement with Germany in this issue??

iwpi

Member since 20/04/2004

 

Posted on 20/04/2004 4:24 pm

Re: Nothing less than theft... Is there a solution..

enough posters spend more time on other important issues! for me personally this is not important at all. You are looking deeeeeep into the hole where you forget to understand what kind of hole is that!

nreddy

Member since 09/11/2003

 

Posted on 26/04/2004 11:45 am

Re: Nothing less than theft... Is there a solution..

Babu cmreddy,

Ikkada Veellato avvadu gaani..

Intaki Enta varaku Vachhindi E Sangaty.

naaku ikkada mail Chey - Kalingaz@yahoo.com.

SUPO

Member since 16/03/2004