Overview

• The proposed pension reforms could increase contribution rates from the current 18.6% to as high as 22.9% by 2040, according to Deutsche Rentenversicherung projections.
• The expansion of the 'Mütterrente' is estimated to cost five billion euros annually, raising questions about funding mechanisms.
• The CDU Economic Council opposes higher contributions and advocates raising the retirement age as an alternative solution to demographic pressures.
• Economic experts argue that extending the retirement age beyond 67 is necessary to prevent financial strain on younger generations.
• Coalition plans also include maintaining retirement eligibility after 45 years of contributions and expanding benefits for parents, regardless of children's birth year.