European governments seek to alleviate pressure on pension systems

German measures to incentivize workers to retire later come as governments across Europe are turning to pension reforms to address worker shortages and ease the burden on their pension systems.

Here is what other European countries are doing.

France

Almost half of all developed countries are expected to raise their official retirement age in the future, resulting in an average age of retirement of 66 years within the Organisation for Economic Co-operation and Development. Nevertheless, this is a politically divisive topic, which can have a high political cost for governments, as the French example shows.

Left-wing and far right parties both want to roll back a 2023 pension reform that gradually raises the age at which a worker can claim a full pension to 64 from 62.

President Emmanuel Macron's government only passed that reform after months of...

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