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[POLITICS] · Germany · 17 sources

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Germany pension reform: Union proposes compromise on 'Rente mit 63

The CDU/CSU is discussing a potential compromise regarding the 'Rente mit 63', the pension for long-term insured individuals that allows for retirement after 45 years of contributions without deductions. Under this proposal, the right to early retirement would be maintained, but the calculation of the 45-year requirement would shift toward actual years of employment. This would mean that periods for childcare or caring for relatives would be credited less or not at all toward the requirement.

Social organizations, including the VdK, have criticized the plan, labeling it a 'social policy scandal' that would disproportionately affect women and those performing care work. The SPD has firmly rejected these changes, arguing that childcare is a vital social contribution that must remain part of the calculation.

Federal Labor Minister Alexander Schweitzer (SPD) has expressed a desire for a compromise and is expected to present a draft regarding pension reform soon. Meanwhile, the Deutsche Rentenversicherung has projected a 4.4 percent pension increase for 2027, while noting that the statutory retirement age for those born in 1964 or later is set to rise to 67 by 2031.

Entities

Alexander Schweitzer · CDU · CDU/CSU · Deutsche Rentenversicherung · Friedrich Merz · Germany · SPD · VdK

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