Tag #Retirement Age

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zeit.de

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May 17, 13:09

German Economist Calls for Pension System Overhaul

German economist Veronika Grimm urges structural pension reforms, including adjusting the retirement age to match life expectancy and linking pension increases to prices, criticizing the government's current approach as insufficient.

German Economist Calls for Pension System Overhaul

German economist Veronika Grimm urges structural pension reforms, including adjusting the retirement age to match life expectancy and linking pension increases to prices, criticizing the government's current approach as insufficient.

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What are the potential long-term societal and economic consequences of failing to implement significant pension reforms in Germany?

The debate highlights a broader challenge in many developed nations: maintaining sustainable social security systems amid rising life expectancies and evolving workforces. Grimm's emphasis on structural changes, including retirement age adjustments and a reevaluation of public sector pension schemes, underscores the need for comprehensive and potentially unpopular reforms to prevent future financial crises.

welt.de

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Apr 7, 10:11

German Workers' Post-Retirement Work: A Forsa Study Reveals Trends and Challenges

A Forsa study commissioned by Xing finds 13% of German employees would work past retirement, driven by both financial need (48%) and personal reasons (70% for cognitive health, 56% for social contact). This comes as the number of people receiving old-age security benefits rose by 4.1% from 2023 to 2...

German Workers' Post-Retirement Work: A Forsa Study Reveals Trends and Challenges

A Forsa study commissioned by Xing finds 13% of German employees would work past retirement, driven by both financial need (48%) and personal reasons (70% for cognitive health, 56% for social contact). This comes as the number of people receiving old-age security benefits rose by 4.1% from 2023 to 2...

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How do the motivations for working beyond retirement age differ between men and women in Germany, and what underlying societal factors contribute to these differences?

The study highlights a significant portion of the German workforce's desire to extend their working lives, driven by a combination of financial necessity (48%) and personal enrichment. Women are disproportionately affected by potential retirement poverty (63% vs 40% of men), partly due to career interruptions for childcare.

lefigaro.fr

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Mar 21, 16:11

French Pension Reform: Debate on Retiree Contributions Heats Up

The French government is exploring ways to fund its pension system, including potentially making retirees contribute through measures like delaying pension indexation or raising taxes, a proposal supported by the Medef but fiercely opposed by the CGT union.

French Pension Reform: Debate on Retiree Contributions Heats Up

The French government is exploring ways to fund its pension system, including potentially making retirees contribute through measures like delaying pension indexation or raising taxes, a proposal supported by the Medef but fiercely opposed by the CGT union.

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What specific measures are being considered to address the French pension system's financial shortfall, and what is the immediate impact of this on different social groups?

The French government is considering measures to address pension system financing, including potentially delaying pension indexation or increasing taxes on retirees. This proposal is supported by the Medef (French employers' association) but faces strong opposition from the CGT (General Confederation of Labour) union.

lemonde.fr

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Mar 17, 13:15

French Government Debates Reversal of 2023 Pension Reform

The French government is debating the 2023 pension reform, with disagreements on whether to revert the retirement age to 62. Prime Minister Bayrou ruled out a return to 62, while other ministers expressed differing views, highlighting tensions between fiscal constraints and social demands.

French Government Debates Reversal of 2023 Pension Reform

The French government is debating the 2023 pension reform, with disagreements on whether to revert the retirement age to 62. Prime Minister Bayrou ruled out a return to 62, while other ministers expressed differing views, highlighting tensions between fiscal constraints and social demands.

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What are the immediate economic and political consequences of a potential reversal of the 2023 French pension reform?

The French government faces pressure to reconsider its 2023 pension reform, raising the retirement age from 62 to 64. While Prime Minister Bayrou ruled out a return to 62, Ministers Montchalin and Lombard expressed differing views on the feasibility and cost of such a reversal.

lefigaro.fr

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Mar 6, 01:10

French Retirement Debate: Unions vs. Employers on Age 62 vs. 64

French social partners are debating retirement age, with unions pushing to revert to 62 (costing €10.4 billion annually, per the Cour des comptes) while employers want at least 64, creating a significant political and economic challenge.

French Retirement Debate: Unions vs. Employers on Age 62 vs. 64

French social partners are debating retirement age, with unions pushing to revert to 62 (costing €10.4 billion annually, per the Cour des comptes) while employers want at least 64, creating a significant political and economic challenge.

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How do different stakeholder groups justify their positions on the retirement age, and what are their proposed solutions?

The debate centers on the retirement age, a key point of contention between unions seeking a return to 62 and employers advocating for at least 64, highlighting conflicting views on financial sustainability and social welfare. The €10.4 billion annual cost estimate for reverting to 62 underscores the financial implications.

lefigaro.fr

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Feb 23, 19:08

French Pension System Faces Financial Crisis, Prompting Calls for Reform

Following a concerning financial report on France's pension system by the Cour des comptes, the Minister of Labour, Astrid Panosyan-Bouvet, advocates for extending working lifespans and integrating capitalization, prompting debate on further pension reforms beyond the recent increase of the legal re...

French Pension System Faces Financial Crisis, Prompting Calls for Reform

Following a concerning financial report on France's pension system by the Cour des comptes, the Minister of Labour, Astrid Panosyan-Bouvet, advocates for extending working lifespans and integrating capitalization, prompting debate on further pension reforms beyond the recent increase of the legal re...

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What specific actions are being proposed to address the concerning financial trajectory of the French pension system, and what are their immediate implications?

France's Cour des comptes released a concerning financial assessment of the pension system, prompting Minister of Labour Astrid Panosyan-Bouvet to advocate for extending working lifespans and incorporating capitalization elements. The report reveals a worrisome financial trajectory, highlighting the unsustainability of an unbalanced pay-as-you-go system.

zeit.de

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Apr 22, 04:08

Klingbeil Proposes German Pension Reform: Expanding Contributors, Not Raising Retirement Age

SPD leader Lars Klingbeil proposed a German pension system reform focusing on expanding the contributor base instead of raising the retirement age, aiming to maintain a 48 percent pension level by 2031 with tax revenue, warning of increased social security contributions otherwise.

Klingbeil Proposes German Pension Reform: Expanding Contributors, Not Raising Retirement Age

SPD leader Lars Klingbeil proposed a German pension system reform focusing on expanding the contributor base instead of raising the retirement age, aiming to maintain a 48 percent pension level by 2031 with tax revenue, warning of increased social security contributions otherwise.

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How does Klingbeil's proposal balance the need for pension reform with concerns about social equity and the political realities of coalition governance?

Klingbeil's proposal highlights the financial challenges facing Germany's pension system. His emphasis on broadening the contributor base rather than raising the retirement age reflects a political strategy balancing fiscal responsibility with social equity. The stated goal of maintaining a 48 percent pension level by 2031, financed by tax revenue, underscores the government's commitment to ensuring adequate retirement income.

welt.de

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Mar 25, 19:18

Germany's Pension Crisis Deepens Amidst Political Inaction

Germany's Ampel coalition failed to reform its pension system, leaving the burden of rising contributions and unsustainable debt on younger generations while popular early retirement options, such as retirement at 63, continue to strain the system's finances; the upcoming Schwarz-Rote coalition show...

Germany's Pension Crisis Deepens Amidst Political Inaction

Germany's Ampel coalition failed to reform its pension system, leaving the burden of rising contributions and unsustainable debt on younger generations while popular early retirement options, such as retirement at 63, continue to strain the system's finances; the upcoming Schwarz-Rote coalition show...

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What are the immediate consequences of the German government's failure to implement meaningful pension reform during the Ampel coalition?

The German government's failure to address pension reform during the Ampel coalition (SPD, Greens, FDP) resulted in stagnation. A proposed "Aktienrente" (stock-based pension) was watered down to "Generationenkapital" and ultimately failed due to the coalition's collapse. Meanwhile, early retirement options, like retirement at age 63, remain popular, exacerbating the imbalance between contributors and recipients.

lefigaro.fr

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Mar 20, 01:12

CGT Quits French Pension Reform Talks

The CGT union withdrew from French pension talks on Wednesday after François Bayrou refused to lower the retirement age to 62, leaving only three unions and two employers' organizations in the discussions, and marking a significant setback for the government.

CGT Quits French Pension Reform Talks

The CGT union withdrew from French pension talks on Wednesday after François Bayrou refused to lower the retirement age to 62, leaving only three unions and two employers' organizations in the discussions, and marking a significant setback for the government.

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What is the immediate impact of the CGT's withdrawal from French pension reform talks?

The CGT union withdrew from French pension reform talks after François Bayrou refused to reconsider the retirement age increase to 64. This follows Force Ouvrière's earlier withdrawal, leaving only three unions and two employers' organizations in the discussions. The CGT cited the government's refusal to lower the retirement age as the reason for their withdrawal.

liberation.fr

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Mar 16, 19:14

France Rejects Lowering Retirement Age to 62, Jeopardizing Pension Reform Talks

French Prime Minister definitively ruled out lowering the retirement age to 62, rejecting a key demand from labor unions participating in a bipartisan delegation tasked with revising the 2023 pension reform, sparking criticism and jeopardizing the talks' future.

France Rejects Lowering Retirement Age to 62, Jeopardizing Pension Reform Talks

French Prime Minister definitively ruled out lowering the retirement age to 62, rejecting a key demand from labor unions participating in a bipartisan delegation tasked with revising the 2023 pension reform, sparking criticism and jeopardizing the talks' future.

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What is the immediate impact of the Prime Minister's refusal to lower the retirement age on the ongoing bipartisan pension reform discussions?

France's Prime Minister firmly rejected calls to revert the retirement age to 62, despite ongoing discussions within a bipartisan delegation tasked with reviewing the 2023 pension reform. This decision jeopardizes the delegation's work, as lowering the retirement age is a key demand of participating labor unions.

lexpress.fr

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Feb 27, 13:14

French Pension Reform Negotiations Begin

French labor unions and employers initiated three months of negotiations on February 27th to address the 2023 pension reform, with unions demanding the repeal of the retirement age increase to 64 (costing an estimated €10 billion by 2030) while employers maintain it's necessary for system viability;...

French Pension Reform Negotiations Begin

French labor unions and employers initiated three months of negotiations on February 27th to address the 2023 pension reform, with unions demanding the repeal of the retirement age increase to 64 (costing an estimated €10 billion by 2030) while employers maintain it's necessary for system viability;...

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What are the key demands of labor unions and employers in the French pension reform negotiations, and what are the immediate financial implications?

French labor unions and employers began three months of negotiations on February 27th regarding the 2023 pension reform. Unions demand the repeal of the retirement age increase to 64, costing an estimated €10 billion by 2030, while employers insist on maintaining it for system viability. The government seeks financial equilibrium by 2030.

lemonde.fr

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Feb 23, 04:07

French Government Adopts Hands-Off Approach to Pension Reform Negotiations

French Labor Minister Catherine Vautrin announced a hands-off approach to upcoming pension reform negotiations between employers and unions, starting February 23rd and lasting until early June, aiming to amend the 2023 reform that increased the retirement age to 64, prioritizing a financially balanc...

French Government Adopts Hands-Off Approach to Pension Reform Negotiations

French Labor Minister Catherine Vautrin announced a hands-off approach to upcoming pension reform negotiations between employers and unions, starting February 23rd and lasting until early June, aiming to amend the 2023 reform that increased the retirement age to 64, prioritizing a financially balanc...

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How do the differing positions of the unions and employers regarding the pension reform affect the negotiation process and the government's overall strategy?

The French government's hands-off approach to pension reform negotiations reflects a strategic shift towards social dialogue. By allowing unions and employers to negotiate freely until early June, the government seeks to find a financially sustainable solution while avoiding direct conflict. This strategy contrasts with the government's previous forceful approach to the pension reform, which led to widespread protests.

Showing 25 to 36 of 46 results