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Friedrich Merz Proposes Retirement Reforms, Hints at Citizen's Income Name Change

Merz's retirement reform ideas include boosting private contributions and total working time. He also hints at a name change for citizen's income and reveals progress in reform talks for the 'Basic Security Act'.

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In this picture there are two woman sat on chair in front of table,there are two laptops in front...
In this picture there are two woman sat on chair in front of table,there are two laptops in front of them and there is bottle,pen,paper on the table. This seems to be in office. In front there is red brick wall and over the ceiling there are several lights and there is a staircase at whole background wall and below that there is entrance exit door.

Merz: People will have to spend more for social security - Friedrich Merz Proposes Retirement Reforms, Hints at Citizen's Income Name Change

Friedrich Merz, the German politician, has expressed his views on several social and economic reforms. He recently rejected the abolition of a public holiday, as seen in an ARD broadcast. Merz also shared his stance on the upcoming 'Basic Security Act' and the 'citizen's income' reform.

Merz suggested increasing contributions to private retirement provision for 'citizens'. He proposed an alternative to raising the retirement age beyond 67, advocating for an increase in total 'working time' over 'citizens'' lifetimes. The politician also hinted at a potential name change for the social benefit, with 'citizen's income' no longer being used.

Regarding the 'Basic Security Act', Merz revealed that the Union and SPD are nearing agreement on the 'citizen's income' reform, with only a few points remaining. The reform will address the issue of assets to be spared and how to handle 'non-cooperative citizen's income recipients'. Merz's personal view is that 'non-cooperative recipients' may not need help from the job center.

Merz's proposals include increasing private retirement contributions and 'working time', as well as a potential name change for the social benefit. The politician has indicated progress in the 'citizen's income' reform discussions, with the 'Basic Security Act' set to address key issues. Despite his views, Merz's proposals may still face debate and negotiation among political parties.

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