Deputy CEO, Achim Dercks emphasises reforms needed in Germany's state pension system.
Nov 28, 2025 - "A strong economy requires affordable social insurance. Increasing social contributions and, therefore, rising labour costs burden businesses, hinder investments, and curb employment. In light of demographic changes, politics must urgently address the cost spiral in statutory pensions.
The planned pension resolutions overall send the wrong signal. Although the additional capital backing could help mitigate the demographic impacts slightly, the enormously high costs of fixed pension levels remain unchanged.
It is, therefore, imperative that the new Pension Commission undertakes genuine reforms. From the economy's perspective, linking the retirement age to life expectancy development is paramount. Moreover, concerning securing skilled workers, it's crucial to entirely abolish the non-reduction pension after 45 insurance years. The planned active pension hits the right target by strengthening older employment. However, it should also apply to self-employed individuals to unlock all potentials."
- Relevant in topic:
- Wirtschafts- und Finanzpolitik
- Key areas:
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- Beschäftigung
- Finanzierung
Released 28.11.2025
Modified 16.02.2026
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