Merz: We are shaping retirement security from the very beginning
Berlin, August 12 (Hibya) - German Chancellor Friedrich Merz announced a new arrangement for the pension system. Under the “Early Start Pension” scheme, initial capital is planned to be provided for special retirement savings for children from the age of 6.
German Chancellor Merz made a statement on the new measure concerning the country's pension system.
Merz said that under the “Frühstartrente” scheme, which aims to begin retirement security at an early age, initial capital will be provided for special retirement savings for children from the age of 6.
The scheme aims to enable children to benefit from the opportunities offered by capital markets from an early age and to strengthen their retirement security.
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