The German minister’s plan to employ retirees

German Finance Minister Christian Lindner, speaking to the Funke media group, argued that those who retire at 63 almost have a bonus: “There are millions of people who are open to the labor market but live on social benefits. We should encourage these people to enter the job market with at least a mini job.” saying.

As for the demand by some economists for more working hours so as not to diminish the well-being of the country, Linder said: “Why don’t we create incentives so that people want to work longer instead of financing their retirement at 63?” she used the phrase.

Lindner also rejected proposals to work four days a week in the country, adding: “Four days a week discussions will not help us finance our social standing and environmental standards in the long term.” he said.

Currently, the retirement age in Germany is 65, but it is gradually being raised to 67. Starting in 2031, employees will only be able to retire at age 67.

In order to retire in the country, it is necessary to deposit at least 5 years of pension premium.

The right to retire at the age of 63 was an exceptional regime only for those born before 1953 during previous governments. (AA)