Walter Riester - Misplaced Pages

German trade unionist and politician

Walter Riester (born 27 September 1943 in Kaufbeuren) is a German politician of the SPD and former Minister of Labour and Social Affairs.

Political career

Riester joined the SPD in 1966. From 1993 to 1998 he was deputy chairman of the IG Metall.

From 1998 until 2005, Riester was a member of the SPD's federal executive board, under the leadership of successive chairmen Gerhard Schröder and Franz Müntefering.

From 1998 to 2002 Riester was Minister of Labour and Social Affairs in the cabinet of Chancellor Gerhard Schröder. The ministry was dissolved after the 2002 elections, so Riester was withdrawn from the cabinet, although there had been no change of government. His name is best known for the so-called Riester-Rente, a grant-aided privately funded pension scheme, which was created during his term of office.

From 2002 until 2009, Riester was a member of the German Bundestag, where he served on the Committee on Economic Cooperation and Development. In addition to his committee assignments, he was a member of the German delegation to the Parliamentary Assembly of the Council of Europe.

Other activities

Union Investment, Member of the Supervisory Board (2009-2012)
Hans Böckler Prize of the City of Cologne, Member of the Advisory Board

References

Edmund L. Andrews (February 14, 2001), New York Times.
Eckhard Fuhr (September 22, 2009), Walter Riester, vom Fliesenleger zum Minister Die Welt.
Hans Böckler Prize City of Cologne.

External links

Official Website (German)

Trade union offices
Preceded byKlaus Zwickel	Vice President of IG Metall 1993–1998	Succeeded byJürgen Peters

Links to related articles

v t e First Schröder Cabinet (1998–2002)
Gerhard Schröder (SPD) Joschka Fischer (Greens) Otto Schily (SPD) Herta Däubler-Gmelin (SPD) Oskar Lafontaine (until 11 March 1999, SPD) Hans Eichel (since 12 April 1999, SPD) Werner Müller (none) Karl-Heinz Funke (until 12 January 2001, SPD) Renate Künast (since 12 January 2001, Greens) Walter Riester (SPD) Rudolf Scharping (until 19 July 2002, SPD) Peter Struck (since 19 July 2002, SPD) Christine Bergmann (SPD) Andrea Fischer (until 12 January 2001, Greens) Ulla Schmidt (since 12 January 2001, SPD) Franz Müntefering (until 29 September 1999, SPD) Reinhard Klimmt (September 29, 1999 – November 20, 2000, SPD) Kurt Bodewig (since 20 November 2000, SPD) Jürgen Trittin (Greens) Edelgard Bulmahn (SPD) Heidemarie Wieczorek-Zeul (SPD) Bodo Hombach (SPD)