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Germany Keeps Retirement Age at 67 and Launches Aktivrente Plan

The federal government has ruled out raising the statutory pension age of 67, opting for an Aktivrente incentive scheme that rewards voluntary extra work.

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Overview

  • Government spokesman Sebastian Hille emphasized that the statutory retirement age will stay at 67, highlighting the coalition agreement’s provisions.
  • The forthcoming Aktivrente will allow pensioners to earn up to €2,000 per month tax-free when they choose to work beyond the current retirement threshold.
  • Social Association Germany (SoVD) and the German Trade Union Confederation (DGB) warn that calls for longer working lives risk amounting to a hidden reduction in pension benefits.
  • Employers’ President Rainer Dulger praised the decision, warning that unchecked social security contributions could undermine Germany’s economic competitiveness.
  • Divisions persist within the CDU and between coalition partners, with the party’s social wing calling Reiche a “misplacement” and SPD officials rejecting any indirect age increase.