Economists are storming against the traffic light pension plans: “SPD is only in the interests of the elderly”. Labor Minister Hubertus Heil sees a pension increase above the inflation rate as realistic.

The statutory retirement age will be gradually raised to 67 by 2031. If you want to retire without deductions in 2024, you must be 66 years old. The Ifo Institute also supports adapting the retirement age to increasing life expectancy. However, researchers believe it makes sense to include the self-employed and civil servants in the payment.