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Ageing Germany lowers retirement age
retirement

Ageing Germany lowers retirement age

German lawmakers approved on Friday a major pensions overhaul, criticised by many, including within Chancellor Angela Merkel's coalition, as making little economic sense in a rapidly ageing country.
SPD buries hatchet over pension age hike policy
Jobs

SPD buries hatchet over pension age hike policy

The two top Social Democrats, chairman Sigmar Gabriel and parliamentary leader Frank-Walter Steinmeier, have reached a compromise after months of battling over the question of raising the retirement age, media reported Wednesday.
Leading economist calls for pensions at 70
Jobs

Leading economist calls for pensions at 70

As Germany’s two major political parties slug it out over a hike in the pension age to 67, a leading economic institute has poured petrol on the debate by predicting the age will have to rise to 70.