Lars Felds Ordnungsruf: Die Rentenreform bewegt sich unweigerlich auf einen Showdown zu

The German government's pension reform is inexorably moving towards a showdown between reform-oriented and incapable forces within the nation. It is not only the federal government that is grappling with the abolition of the "stamp-free" pension for particularly long-term insured individuals ("pension at 63", now officially "pension at 64.5").

Trade unions are mobilizing against its abolition; economic associations, such as the banking association, seek to maintain the retirement phase in the block model. Transitional and hardship solutions are being discussed everywhere to appease political opponents. Since the "pension at 63" was introduced in 2014, the Expert Panel on Assessment of Macroeconomic Development sharply criticized it, pointing to the high additional costs that would arise alongside the mother pension for the statutory pension insurance (GRV).

Even the stamp-free pension at 65 years for particularly long-term insured individuals is deemed to be at odds with the system, benefiting highly-paid professionals compared to retirees with low retirement income and reducing the earnings potential too much. The arguments in favor of abolishing this privilege have been known for some time.