The SPD advocates for retirement at 63, while the FDP seeks to repeal this policy. - Scholz firmly denies any concessions in the pension conflict.
The politician from the SPD stressed that he did not want to compromise on pensions, despite their increasing costs. According to him, doing so would not be the right way to balance a budget. "It wouldn't help at all," he said during a discussion with the Redaktionsnetzwerk Deutschland (RND) over the weekend.
Discussing the 2025 budget debate, the Chancellor highlighted a significant challenge. He was confident, however, that the budget would be finalized by early July. He refrained from commenting on where he thinks savings should be made.
The source of controversy: Liberals are putting pressure on the Chancellor. The second pension package, negotiated by Social Affairs Minister Hubertus Heil (51, SPD), Finance Minister Christian Lindner (45, FDP), and Economics Minister Robert Habeck (54, Greens) is facing backlash in the Bundestag. The FDP is particularly critical of the upcoming significant increase in pension contributions (+20%), which would result in less net income from gross earnings.
Specifically, the Liberals advocate for optional retirement past 67 and the end of retirement at 63.
Even within the Greens, there's growing dissent towards the social package. Party leader Ricarda Lang (30) wants to reconsider retirement at 63. "We are losing many skilled employees with valuable expertise when they retire, some of whom still want to keep working," Lang told Der Spiegel.
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Source: symclub.org
