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Finance Adviser Südekum Calls to Loosen Job Protections for Older Employees

Südekum says rising life expectancy justifies extending working years.

Jens Südekum im Dezember bei „Markus Lanz“
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Overview

  • Jens Südekum took office on May 30 as macroeconomic adviser to Finance Minister Lars Klingbeil.
  • He proposed easing dismissal protections for employees aged 65 to incentivize their continued employment.
  • Südekum argued that longer life expectancy makes it necessary to extend the working life.
  • He noted the coalition has agreed not to raise the standard retirement age and suggested adopting a stalled plan for reason-free fixed-term contracts for workers with pension claims.
  • He expressed optimism about Germany’s economic outlook, citing lower energy prices, special-fund spending and planned business relief measures.