German government advisory body proposes raising retirement age to 73 by 2060
Germany’s pension system should gradually raise the retirement age to 73 by 2060, according to a report by the Economics Ministry’s new scientific advisory board. The panel of economists warns that without significant reform, the system will become unsustainable as productivity stagnates and the population continues to age. The report, presented on Monday and cited … Continue reading German government advisory body proposes raising retirement age to 73 by 2060
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