The CDU’s Economic Council has called for fundamental pension reforms, including raising the retirement age beyond 67 and linking it to life expectancy.
Wolfgang Steiger, the council’s secretary-general, told Funke Media that “a gradual increase beyond 67 is necessary to cope with demographic changes and the growing strain on the pay-as-you-go pension system.”
Meanwhile, a government-appointed commission is discussing reforms after the coalition fixed pension levels in December. Economists have criticized this move, warning of billions in costs for the state budget as the number of retirees from the baby boomer generation rises.
Sources - Agencies