Germany is weighing sweeping pension changes, including raising the retirement age to 70. Meanwhile, football fans are celebrating after the men's national side qualified for the World Cup knockout stage.
To be fair pension with 70 in 2090 might actually be a decent idea, but way too far into the future to plan for anything.
The real headline should be the end of pensions with 63. The most births after WW2 in Germany were in 1964. So they could start to retire next year. That obviously is going to stress the pension system. However it also means that the baby boomers are at an age, where death is much more likely. So this will be naturally solved in a decade. However obviously the labour market is going to be worse for employers.
To be fair pension with 70 in 2090 might actually be a decent idea, but way too far into the future to plan for anything.
The real headline should be the end of pensions with 63. The most births after WW2 in Germany were in 1964. So they could start to retire next year. That obviously is going to stress the pension system. However it also means that the baby boomers are at an age, where death is much more likely. So this will be naturally solved in a decade. However obviously the labour market is going to be worse for employers.