June 2026
24Jun

Merz backs plans to raise Germany’s retirement age to 70 in pension changes

Germany will gradually raise its retirement age to about 70 by the early 2090s under recommendations backed by the chancellor, Friedrich Merz, as a means of future-proofing the pension system for an ageing population. Presenting its findings on Tuesday, an expert commission set up to explore reforms to the pension system said retirement age should be linked to rising life expectancy and early retirement should be scrapped. “No citizen needs to worry,” said Merz, as he said the measures would prevent the collapse...

June 24, 2026
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May 2026
25May

Germany. GOVT reportedly mulls change to retirement age

claims it saw a draft proposal by the government to increase the age of retirement by three years Chancellor Merz has proposed that Ukraine become an 'associate' member of the European Union Politicians have been reacting to a report from German tabloid Bild that the government of Chancellor Friedrich Merz is planning to raise the age of retirement from 67 to 70 years old. According to the report, the age will be raised to 68 in the 2040s, 69 in the 2050s, before...

May 25, 2026
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06May

IMANI Analyst: Ghana Pension Funds Can Finance the Energy Sector

As Ghana confronts the long-term challenge of building a stable, reliable, and affordable energy sector, a policy analyst at IMANI Africa is proposing an unconventional source of capital: the billions of cedis quietly accumulating in the country’s Tier 2 and Tier 3 pension funds. John Sitsofe Mensah, Associate for Technology Policy and Innovation at IMANI’s Centre for Science, Technology and Innovation Policy (CSTI), argues that Ghana has been sitting on a largely untapped financing opportunity while continuing to court foreign...

May 6, 2026
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06May

Early retirement may be contributing to Gen X’s cognitive decline

While economists sound alarms about Gen Z unemployment, new research points to a quieter crisis: Gen X workers retiring years before 65—and paying a steep cognitive price for it. About 35% of workers who have been unemployed for more than 24 weeks are over the age of 55, according to an April 2025 analysis. Over the last 35 years, the retirement age for men in particular has gotten younger, with about half of retirees saying they made the choice to...

May 6, 2026
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April 2026
30Apr

Greece. ‘They treat me like a dog’ – 89-year-old opens fire in Athens office over long-running pension dispute

An 89-year-old man opened fire inside a social security office in central Athens and later at a courthouse, injuring five people. According to his own statements, the incident was driven by a long-running dispute over his pension and a sense of injustice. The shootings unfolded on Monday at an office of Greece's main social security body, EFKA, in the Kerameikos area of Athens. Five people were injured, including employees and members of the public, inside the building at the time. None of the injuries...

April 30, 2026
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27Apr

Baby boomers have now ‘gobbled up’ nearly one-third of America’s wealth share, and they’re leaving Gen Z and millennials behind

Older Americans may be trading in hustling for retirement, but that hasn’t stopped them from getting richer. Baby boomers now hold a record high of the United States’ wealth, Apollo chief economist Torsten Slok noted in a December blog post, citing Federal Reserve data. Compared to 1989, when those over 70 years old held 19% of the wealth in the household sector, older Americans now own 31% of the wealth. That chunk of change is an outsize share compared to other generations....

April 27, 2026
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13Apr

Older people forced to ‘unretire’ amid financial pressure concerns

Many older people are being compelled to "unretire" as the financial realities of their post-work lives fall significantly short of expectations, new research has revealed. A survey conducted for Standard Life found that one in six (16 per cent) retirees have either already re-entered employment (8 per cent) or are considering doing so (8 per cent). While social reasons, such as feeling disconnected, play a part, financial pressures are also a trigger for many seeking work again. Three in 10 (30 per cent) retirees report...

April 13, 2026
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06Apr

UK state pension age begins rise to 67 with payment boost

The UK state pension age has begun a phased increase from 66 to 67, starting with people born in the early 1960s, alongside a 4.8% payment rise under the triple lock. The change, expected to save £10bn annually by 2030, has drawn concern from charities about its impact on lower-income and less healthy regions. Political pledges to maintain the costly triple lock persist despite warnings about the system’s long-term sustainability. Pension age rise begins with phased rollout From Monday, the UK...

April 6, 2026
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March 2026
26Mar

UK. Only 14 per cent of people ‘on track’ to retire when they want

Just 14 per cent of people are on track to retire when and how they want, with large gaps between expectation and reality, research by savings platform Flagstone has found. The survey findings revealed that, on average, respondents would like to retire at age 61. However, based on current savings and contribution levels, most will not be able to retire until the age of 83 – revealing a 22-year discrepancy. The findings are broken down by industry, with only 4.7 per cent...

March 26, 2026
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25Mar

The surprising reason people in the US are working longer than they used to

Older workers today have more wealth than previous generations but are afraid to use it Workers covered primarily by traditional pensions that paid them a monthly check for life retired at an average age of 62, while those relying on 401(k)-style plans retired closer to 66, a new study found. In the good old days, when my father retired, he had a traditional pension that paid him a monthly check for life. He never had to wonder whether he would outlive...

March 25, 2026
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