8/13/2014 – Older German Workers Jump At Chance To Retire At 63

Aug 13, 2014 Comments Off by

Germany recently lowered its retirement age from 65 to 63 for long-time workers, a move Chancellor Angela Merkel’s government says is aimed at easing the burden on older Germans in the work force.

But the decision is not popular with German businesses or with governments in struggling eurozone countries, which accuse German officials of hypocrisy. They say it’s wrong for Germany to demand sweeping cuts in their countries while Merkel’s government beefs up benefits at home.

Read the full article at National Public Radio (NPR).

Financial Security 2014, Longevity News 2014

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