Overview
- A newly appointed scientific advisory panel presented a report urging Germany to tie the pension age to life expectancy to stabilize the system.
- Under the panel’s projections, the statutory retirement age would rise in stages to about 73 by 2060.
- BILD reported advance details from the study, with Austria’s Krone later referencing that pre-release coverage.
- The advisers argue that weak productivity growth and demographic pressures justify extending working lives.
- The report cites Denmark’s life-expectancy linkage as a model, while Austria will start raising corridor-pension thresholds on January 1, 2026.