Merz backs plans to raise Germany’s retirement age to 70 in pension changes
Overview
Recommendations from commission propose gradual rise in retirement age by the early 2090s
Germany will gradually raise its retirement age to about 70 by the early 2090s under recommendations backed by the chancellor, Friedrich Merz, as a means of future-proofing the pension system for an ageing population.
Details
Presenting its findings on Tuesday, an expert commission set up to explore reforms to the pension system said retirement age should be linked to rising life expectancy and early retirement should be scrapped.
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Originally published at www.theguardian.com.