Money: Babyboomer will retire in pension

unions criticize the proposal: Economic experts support the elevation of the retirement age to 70

 unions criticize the proposal: Economic experts support the elevation of the retirement age to 70 The head of the employers' association total metal was criticized for a pension with 70. Now voices from science are obliged. © Photo: Picture Alliance/Jan Woitas An older gentleman with gray hair knows a wall (symbol image). In the debate about an increase in retirement age to 70 years, overall metal president Stefan Wolf has received support from economic experts.

. With the pension of the birth -strong vintages, almost 13 million people will be lost to the labor market in Germany over the next 15 years. According to the Federal Statistical Office, 12.9 million workers of the so -called baby boomers will have exceeded the retirement age by 2036. This corresponds to almost 30 percent of the persons available to the labor market, based on 2021, the Wiesbaden authority announced on Thursday based on the results of the 2021 microcensus.

© Picture Alliance / dpa "Your pension information" can be read on a pension information from German pension insurance.

The younger generations, according to the information, do not approach the high -birth years 1957 and 1969. A stronger participation of women in working life could help according to statisticians. It is still lower across all age groups than that of men. For the population between the ages of 30 and 39, the employment rate of women last year was around 11 percentage points lower than that of men. With the 40 to less than 65-year-olds, there were about 8 percentage points less. "A greater labor market participation of women could thus contribute to activating an overall larger worker potential," it said.

Defence giant BAE Systems to name Hogg as new chair .
BAE Systems, Britain's biggest defence contractor, is to unveil Cressida Hogg, the infrastructure veteran, as its first female chair. © Reuters The Royal Air Force's Typhoon Eurofighter jets are made by BAE Systems Sky News has learnt that the FTSE-100 manufacturer plans to announce the appointment of Mrs Hogg as the successor to Sir Roger Carr alongside its half-year results on Thursday morning.Her recruitment will mean for the first time that all three of Britain's biggest industrial manufacturers - BAE, Babcock International Group and Rolls-Royce Holdings - will have women as chairs.

See also