Swiss pension reform for Germans could be delayed by new rules

• According to the proposal, pension contributions and the pension formula for Germans.
• It is expected that the changes will be introduced no later than 10 months after the new rules are published.
• The reform would require the Bundestag and the Bundesrat to approve it, and the pension system would be planned to be put into effect within three years.

The planned pension reform for Germany’s elderly, which was discussed by the country’s largest parties, could be delayed. The reason is that the proposal will not be considered until the end of 2026.

Meanwhile, the program requires no later than 10 billion euros in additional spending for the upcoming years, which is intended to cover the needs of people with low incomes. The plan also states that the changes will be introduced no later than 2027, and the reform will be completed by 2028.

The package also includes amendments to the pension system. In particular, it is proposed to postpone the pension age increase from the current date to 2031, and to set the retirement age at 67 years.

The average retirement age will be increased by the named changes. The reform is expected to be implemented in practice, with the retirement age gradually increasing from the telephone line, which is expected to take effect over the next few years.

In addition, the plan also includes the introduction of a new system for calculating pensions, which will help to ensure that the reform is fair and that it will not lead to a decrease in benefits.

However, there are also concerns about the reform. In particular, it is feared that the changes could lead to a reduction in pensions for some groups of people.

It is also expected that the new rules will be introduced in the near future: the Federal Constitutional Court of Germany is expected to rule on the legality of the changes brought by the reform and the decision could affect the final outcome.

Tags: Europe/Politics/Economy/Well-being