European Trade Union Institute, ETUI.

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Germany

17 March 2017

Germany : Germans want to strengthen statutory national pension

According to a survey organized by the metalworkers' union IG-Metall, Europe’s largest industrial union, almost two-thirds of the German population want to strengthen the statutory pension and are also willing to pay higher contributions.

For IG-Metall, the answer to this question is crucial because it provides the direction for the future pension policy: Germans would rather put more money into the statutory pension insurance than into a private annuity insurance, share funds, or savings plans. What is striking is that agreement is particularly high among 18-34-year-olds, with 68% of them wanting to strengthen the statutory pension insurance. The respondents also clearly rejected the idea of ​​increasing the pension age beyond 67 years, as 74% of all employees consider it an unrealistic goal to pursue their work into old age.

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