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DIW President Fratzscher: Pension Reform Proposals Fall Short

Marcel Fratzscher, president of the German Institute for Economic Research (Berlin), has criticized the pension commission's proposals released over the weekend as insufficient. He told the Rheinische Post that the recommendations are not enough to stabilize the statutory pension system.

DIW President Fratzscher: Pension Reform Proposals Fall Short
Photo: bilder.deutschlandfunk.de

Fratzscher is calling for changes to the recommendations of the pension commission, which were published over the weekend. The proposals are not far-reaching enough to secure the statutory pension in the long term, the economist told the Rheinische Post.

Fratzscher sees no adequate stabilization of the system in the proposals.

Source: www.deutschlandfunk.de

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