The shortage of skilled workers in Germany is not coming to an end. CDU politician Jens Spahn is therefore calling for the early end of retirement at 63. And he is not alone with the demand.
Union parliamentary group leader Jens Spahn (CDU) has called for the immediate end of retirement at 63 in view of the widespread shortage of skilled workers in Germany. “Retirement at 63 costs prosperity, burdens future generations and creates the wrong incentives”said Spahn “picture on sunday”.
Therefore, this possibility must “abolished and replaced by a better disability pension”. The German economy lacked the approximately two million skilled workers who retired earlier “bitterly”.
The “BamS” quoted from a new study by the Prognos research institute on behalf of the New Social Market Economy Initiative (INSM), according to which contributors will have to pay almost an additional 140 billion euros by 2035 because of the possibility of early retirement without deductions. In addition, according to the authors of the study, without the possibility of retiring at 63, the gap in skilled workers would be around ten to 20 percent smaller.
Alsleben: Early retirement exacerbates the shortage of skilled workers
INSM Managing Director Thorsten Alsleben told the newspaper: “Retirement at 63 not only costs the contributors billions, it is also at the expense of all pensioners who do not receive comparable preferential treatment.” In addition, this early retirement exacerbates the shortage of skilled workers. “Retirement at 63 no longer fits in with the times and must be phased out by the end of 2030 at the latest”Alsleben demanded.
The “picture on sunday” citing the study, wrote that abolishing pensions at age 63 from next year would stabilize the contribution rate at today’s 18.6 percent by the end of the decade, rather than increasing to 19.1 percent. This would result in a relief of around eight billion euros for the contributors as early as 2025.
Source: Stern

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