New rules reversing reforms of Germany’s statutory pension system took effect on 1 July 2014. Some critics estimate that these more generous pension rules will cost an extra €10 billion over the next decade, and younger workers will have to fund them with little chance of receiving equally generous benefits when they retire.
Germany: New retirement package
Expertise for Eurofound
German Economic Institute (IW)
Sandra Vogel: Germany – New retirement package
Expertise for Eurofound
German Economic Institute (IW)
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