Saving plans for further training
The report issued by the German Ministry of Education intends to stimulate debates on the future direction of financing continuous vocational training.
11/01/2008
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Design, implementation and impact of further training saving plans
The report issued by the German Ministry of Education considers the design, implementation and impact of a concrete model for further training saving plans. The model proposed corresponds to the agreement of the coalition parties in the German Parliament, which states with regard to future government action in this respect: “The general public, business and the individual must participate in the financing of further training in an appropriate manner. Through training saving plans we want to develop new financing instruments and also amend the Capital Accumulation Act.” The summary report intends to stimulate debates on the future direction of financing continuous vocational training.