1. The proposed increase in the minimum age for taking retirement benefits remains at 55 with effect from 2010. Anybody with a contractual right to draw a pension from an earlier age (no earlier than 50) may have that right honoured but only if it existed before 10 December 2003. (WebCorp)
2. Thus, rather than appropriating funds to pay a pension to someone who is already retired or expected to retire during that year (pay-as-you-go), the state appropriates funds sufficient to ensure that it will be able to pay a pension to a current employee who will draw a pension at some time in the future (fully funded). (WebCorp)
3. President of the Metal Workers' Union Zwickel asked for a general lowering of the age when people can start to draw a pension, which would be part of the Treaty for Work.(WebCorp)