German pension commission proposes shift to Swedish-style fund
A commission appointed by German Chancellor Friedrich Merz has proposed a Swedish-style pension fund and a gradual increase in the retirement age to help stabilise the country's pension system as the population ages. The commission's report, presented on Tuesday, will form the basis for a major overhaul of Germany's pension system which the government aims to agree in the coming weeks. It called for establishing a fund modelled on the Swedish pension system, with mandatory contributions by workers and employers that...
