Overview

• The Union proposes increasing the standard pension calculation period from 45 to 47 years by 2031, drawing criticism for potentially reducing real pension increases.
• The SPD opposes the Union's plan, advocating to maintain the current 45-year calculation and secure the pension level at 48% through tax funding.
• Analysts estimate that retirees could lose up to €28,000 by 2050 under the Union's proposal compared to the SPD's model.
• Both parties agree on expanding the Mütterrente, granting three pension points per child regardless of birth year, costing an estimated €5 billion annually.
• Plans to incentivize voluntary work beyond retirement age include allowing retirees to earn up to €2,000 per month tax-free.