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German MPs raise retirement age

12 March 2007

The German Bundestag, the lower house of parliament, has voted to raise the retirement age from 65 to 67.

Germany has one of the lowest birth rates in Europe, and on current trends the population aged over 65 will almost double to 30% by 2035.

The plan means that anyone born in 1964 or later will have to wait until they are 67 to collect a state pension.

It is expected to be approved by the upper house, the Bundesrat. It will be phased in gradually from 2012 to 2029.

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