Germany’s government-appointed pension commission is set to present its recommendations at the end of June. After a report by Bild newspaper about a possible retirement age of 70, the commission and the government immediately denied the claims, according to Tagesschau. No recommendations have been finalized yet.
Constanze Janda, co-chair of the commission, told Tagesspiegel: “The commission will not complete its work until the end of June, so no recommendations have been finalized yet.” Several other members also denied to Handelsblatt that there was any agreement to raise the retirement age to 70.
The federal government appointed the commission in winter to develop proposals for the long-term financing of pensions. The government plans to use these recommendations as a basis for future reforms. According to the government, the commission works independently and “free from instructions,” but includes not only academics but also representatives from the ruling parties CDU, CSU, and SPD.
Bild had reported that the commission wanted to propose a gradual increase in the retirement age: to 70 by 2061/62, to 68 by the early 2040s, and to 69 by the early 2050s. This would affect everyone born after 1990. The commission is scheduled to present its final report on June 30.
Source: Tagesschau
