Germany struggles to fix its pension system
Germany faces a pension crisis as baby boomers retire, straining the intergenerational contract. Labor Minister Bärbel Bas proposes including civil servants and the self-employed in the state pension scheme to alleviate the financial burden. This proposal has sparked debate within the coalition government, highlighting the challenges of ensuring pension stability amid a shrinking workforce and aging population.
Germany faces a pension crisis as baby boomers retire, straining the intergenerational contract. Labor Minister Bärbel Bas proposes including civil servants and the self-employed in the state pension scheme to alleviate the financial burden. This proposal has sparked debate within the coalition government, highlighting the challenges of ensuring pension stability amid a shrinking workforce and aging population. What's Your Reaction?
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