Scholz Opposes Raising Retirement Age Beyond 67

The German Chancellor emphasized maintaining the current retirement framework while advocating for improved workforce integration and recognition of foreign qualifications.

• Chancellor Olaf Scholz firmly rejected any proposal to increase the retirement age beyond the current plan of 67, citing the importance of voluntary work flexibility.
• Scholz highlighted the resilience of Germany's pension system, which has weathered past crises and currently operates with lower contribution rates than in 1998.
• He attributed the stabilization of pension contributions to higher employment rates and the influx of skilled workers through immigration.
• Scholz called for faster and more standardized recognition of foreign professional qualifications to address labor shortages and bolster the workforce.
• The remarks come ahead of Germany's February Bundestag election, where Scholz is campaigning as the SPD's candidate for Chancellor.

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Die Zeit Stern Frankfurter Allgemeine Zeitung