Tag Archive: pension age

Extension of employment contracts after the statutory pension age

Effective 1 July 2014 a new law (sec. 41 sentence 3 of Book 6 of the German Social Code, SGB VI) allows for fixed-term extensions of employment contracts after the employee has reached the statutory pension age. The new provision is part of a series of statutory changes regarding retirement and pensions. If an employment …

Continue reading »

More money and less working time in Germany

On November 27, 2013 the Christian Democratic Union party (CDU), their allied Christian Social Union party (CSU) and the Social Democratic Party (SPD) have signed a coalition agreement. The SPD members still have to approve the coalition agreement. Key points of the agreement regarding employment aspects include: A nationwide hourly minimum wage of € 8.50 (£ 7.11; US$ …

Continue reading »