The pension reform is once again on hold. The reason for this is not the empty state treasury, but rather the unwillingness of the majority of the population to accept cuts.
The best reform is the one that doesn’t even need to be tackled because a problem has now solved itself. Does this possibly also apply to pensions? The German pension insurance recently surprised people by saying that the demographic burden in the next few years would be significantly lower than feared. In other words: The population is not aging so much, there are more young people – due to births and immigration. The local pension system is therefore more stable than expected. Sounds good, but could have a fatal effect.
Source: Stern
