After the generations born between 1955 and 1969, known as "baby boomers," retire, they are expected to live longer. However, the number of employees in Germany is not growing proportionately. This means that the increasing number of retirees will be a burden on the decreasing number of employees. The question that arises is who…
How to prevent the collapse of the German pension system? Read More »
Pope Francis said today that future generations should not be burdened with the costs of current pension systems, reported Reuters. The Holy Father made this statement at a time when this issue of pension reforms is a current topic in France, the agency notes. In his address to the leaders and representatives of the Italian social protection agency in...
Pope Francis: Pension systems should not be a burden for future generations Read More »
The proposal for the reform of the pension system arrives today in the Lower House of the French Parliament, where it will be considered by the deputies for two weeks, while the opponents of the reforms and dissatisfied citizens organize protests and strikes for tomorrow. This afternoon, the discussion begins in the Parliament and the presence of all MPs is expected. Deputies will consider about 20.000 amendments, of which...
The French Parliament will consider the proposal for the reform of the pension system Read More »
French President Emmanuel Macron's government is trying to revive his economic reform drive and score a major political victory this week by launching a pension reform in the face of fierce union opposition. French Prime Minister Elisabeth Bourne will tomorrow outline the details of plans for a possible increase in the retirement age in...
Macron in battle with unions: How to reform the pension system Read More »
Germany needs a major social reform like the one that took place after reunification, said the president of the Confederation of German Employers' Associations, Rainer Dülger, and warned that the pension system is on the verge of collapse. "The way our social security systems work today, they won't be able to work in the next five years. Costs will explode," ...
Dilger warns: The German pension system is on the verge of collapse Read More »
