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Dream of retirement at 60: This is how Germany's neighbors regulate the entry age

2022-12-13T16:16:50.372Z


Dream of retirement at 60: This is how Germany's neighbors regulate the entry age Created: 12/13/2022, 5:08 p.m By: Patricia Huber Early retirement is becoming increasingly popular in Germany. But how do our neighboring countries regulate retirement? An overview. Berlin – The retirement age is a hotly debated topic in many countries. In Germany, employees in physically demanding jobs in partic


Dream of retirement at 60: This is how Germany's neighbors regulate the entry age

Created: 12/13/2022, 5:08 p.m

By: Patricia Huber

Early retirement is becoming increasingly popular in Germany.

But how do our neighboring countries regulate retirement?

An overview.

Berlin – The retirement age is a hotly debated topic in many countries.

In Germany, employees in physically demanding jobs in particular advocate a lower retirement age.

Employers and politicians, on the other hand, are in favor of a later pension.

Chancellor Olaf Scholz (SPD) recently called for fewer early retirements.

"It is important to increase the proportion of those who can really work until retirement age," he told the newspapers of the

Funke media group

on Sunday (December 11).

Retirement age: From this age you can retire with Germany's neighbors

The standard retirement age in Germany has been gradually raised from 65 to 67 since 2007.

However, more and more people are making use of the deduction-free pension from the age of 63 for those who have been insured for particularly long years.

But how is retirement regulated in our neighboring countries?

The following table shows when our neighbors are usually allowed to retire without deductions:

The table is a simplified representation.

There are often still special regulations in the individual countries - as is the case in Germany with the pension for those who have been insured for a particularly long time.

These were not included in the overview.

Pension: There are still differences between women and men in two countries

Even at first glance it is clear that there is no single European approach here.

While in Poland and Austria women currently only have to work until the age of 60, uniform regulations for men and women already apply in the other neighboring countries.

In Switzerland it was only decided this year that women can only retire at the age of 65 without deductions.

Previously, the limit was 64. In addition, the retirement age in the Netherlands and Denmark, for example, is to be adjusted to the development of life expectancy in the future.

If this increases, the retirement age will also increase.

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This can vary greatly depending on the country you live in.

According to Eurostat data, women in France live on average 23.7 years after their 65th birthday.

However, women in Poland then only stay 20.5 years.

By way of comparison: a woman who retires in Germany at the age of 65 still has around 21.3 years in which to enjoy her pension.

(ph)

Source: merkur

All news articles on 2022-12-13

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