Germany will abolish early retirement at 63 years with 100% of the pension
Last June, a commission of experts delivered a proposal for reform of the pension system to the Government, which includes a plan to increase the retirement age to 70 by the end of the century.
The German government plans to abolish the retirement age of 63 for those who have contributed to the pension system for 45 years without reductions. Chancellor Friedrich Merz stated that the coalition government is committed to eliminating incentives for early retirement, as part of a broader pension reform. A commission of experts proposed the reform in June, which includes raising the retirement age to 70 by the end of the century.
Three eastern state premiers had protested against abolishing the "pension at 63" scheme. Merz said he is confident of convincing the premiers to support the plan.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
