Merz: New basic social security law adopted
Berlin, 17 December (Hibya) – German President Friedrich Merz announced new fundamental social security and pension reforms to ensure the sustainability of the welfare state.
German President Friedrich Merz announced that the new basic social security law has been adopted in order to keep the country’s welfare state fit for the future. Merz said: “Our core principle is to reward work and not to leave those who need the welfare state alone.”
Merz stressed that old-age security must be fair between generations and announced reforms including early retirement and private pension savings. He underlined that the decisions taken will provide long-term security for citizens.
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