Retirement provision: What's next for pensions?

According to Economics Minister Katherina Reiche, Germans will have to work longer and more hours. She hinted at this in an interview with the Frankfurter Allgemeine Zeitung . Demographic change and the continuing increase in life expectancy make this unavoidable, the CDU politician said. "In any case, it cannot be sustainable in the long run that we only work two-thirds of our adult lives and spend the other third in retirement ," Reiche said.