GermanyThe article discusses the German state-owned nuclear waste disposal fund, Kenfo, which has achieved strong returns on investments over the past year. The fund, established in 2017 to manage payments from nuclear power plant operators for waste storage, now has assets exceeding 25.6 billion euros. Its managing director, Anja Mikus, suggests the fund could potentially support the planned capital-based pension system (Kapitalrente) proposed by the ruling coalition. This would allow workers to save additional contributions toward their pensions. While the fund has experienced market fluctuations, such as a 10% drop during the pandemic, Mikus views these as opportunities rather than setbacks. The decision on whether to adopt this new role will be made by the government in autumn.
Bias read (Center): The article presents information about the potential expansion of the Kenfo fund’s role into pension savings without overtly favoring either political side. It reports on the fund’s financial performance and management decisions objectively, while acknowledging the political implications of using it
