German pension reform proposals spark debate between insurers and AfD

The German Insurance Association (GDV) evaluated the 33 recommendations of the pension commission, praising measures that increase capital funding, extend working life and expand occupational pensions. It warned that a state‑run capital pillar could create political influence over investment decisions and weaken competition, stating, “Mehr Kapitaldeckung in der Altersvorsorge ist richtig. Die entscheidende Frage ist aber, wie sie organisiert wird.”

AfD leader Alice Weidel condemned the plans as insufficient for citizens, labeling them “Zumutungen.” She demanded a 70 % pension level, inclusion of civil servants in the statutory system, and opposed the removal of early‑retirement benefits, raising the retirement age and compulsory contributions, remarking, “Wer arbeitet und Steuern und Abgaben entrichtet, soll noch länger arbeiten und noch mehr zahlen.” The dispute reflects broader political contention over how Germany should restructure its retirement system.