The Bundesbank has come out warning that there is a German pension crisis. They have proposed that states raise the pension tax and that they should gradually increase the retirement age because the life expectancy in the future has risen. Central Bank President, Jens Weidmann, has stated that he is generally in favor of raising the statutory retirement age beyond 67 years.

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https://www.armstrongeconomics.com/world-news/pension-crisis/bundesbank-warns-of-coming-pension-crisis/