BERLIN, Dec 11 Germany sees retirement trend ahead of schedule, so the government will seek to increase the number of workers who will work until the retirement age of 67, Chancellor Olaf Scholz said on Sunday.
«It is important to increase the proportion of those who can actually work until retirement age,” he told the media group Funke.
The government wants more people in Germany to retire at the age of 67, and not at 63 or 64, as is often the case. However, for many it is difficult, he added.
Scholz also sees «the potential to increase» the share of women in the labor market. «But in order for this to work, we must expand the offer of extended day care in nurseries, kindergartens and schools,» he stressed.
Economists and employers in Germany have long called for raising the retirement age to 70 years, including including to stabilize the pension system. However, the ruling parties in the coalition agreement secured a provision according to which the current retirement age of 67 years is not subject to increase.