Germany: Retirees to work to address the pension deficit
Germany: Retirees to work to address the pension deficit
▲ Photo AFP
La Jornada Newspaper, Sunday, September 7, 2025, p. 15
“It's a little stressful, but I'm happy to be here,” says Pete Maie, a 70-year-old retired soldier, before a job interview for a part-time position in Germany. Keeping seniors in the labor force longer is a priority for the government, which is grappling with the growing deficit of the pension system in an aging country. Contributions are insufficient to cover the pensions of retirees, who represent a quarter of the population and received €408 billion last year. In the image, a worker assembles a Porsche Macan model on the production and quality control line at the Leipzig plant.
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