Pension Reform Talks: Coalition Explores Adding Years and Limiting Early Retirement Options
Politics

Pension Reform Talks: Coalition Explores Adding Years and Limiting Early Retirement Options

Discussions are currently underway between the factions of the Union and the SPD as they seek a compromise regarding the debate over abolishing the unreduced pension after 45 years of contributions-the so-called “Rente mit 63.” According to reports cited by Bild from coalition circles, several measures are being considered.

One proposed change involves extending the required number of contributing years by up to two years. Under this scenario, employees would be able to retire with an unreduced pension after 46 or 47 years of contributions, rather than the current 45.

Furthermore, there are talks about reducing the period for which parenting time is credited. Currently, contributors can receive credit for up to ten years per child. Bild also reports that limiting the unreduced pension exclusively to certain professions is being examined. Specifically, sources close to the party indicate that the benefit could potentially be restricted to workers in physically demanding jobs, such as roofers.

Alexander Hoffmann, head of the CSU state group, commented to the newspaper that the coalition possesses a clear agreement: “yes to hardship cases, no to regular cases.” He emphasized that a pension reform cannot take place without modifying this established rule-exception ratio for the unreduced pension after 45 contributing years.