The discussion about the correct retirement age continues. The president of the employers' association Gesamtmetall, Stefan Wolf, now only demands the pension from the age of 70. The reason for this is the aging of society.
Berlin (dpa) – The president of the employers' association Gesamtmetall, Stefan Wolf, is in favor of a later retirement age. "We have to be honest with the people: We will not be able to keep the retirement age at 67 years," said Wolf to the newspapers of the Funke media group (Tuesday). "We will have to talk about a retirement age of 69 to 70 in the next few years." The Gesamtmetall president, who represents companies in the metal and electrical industry, warned of a financing problem with the pension funds.
A few weeks ago there was another discussion about whether the retirement age should be raised. Experts advising the Ministry of Economic Affairs suggested an increase to 68 years in a report. There is currently a gradual increase in the entry age to 67. The background to the debate is the aging of society: In the long run, too many recipients of pensions are compared to too few contributors.
