Germany's proposed "Pension Package II" has ignited a fierce debate among political parties and experts.

The package aims to stabilize the pension level at 48% of the average income until 2040, a move criticized for its high cost and potential burden on younger generations.

Economists like Axel Börsch-Supan argue that the plan fails to address the demographic challenges and favors wealthier retirees.

The Federal Audit Office warns of significant financial risks, highlighting the strain on federal resources.

While the SPD pushes for swift approval, the FDP seeks substantial changes, emphasizing economic growth and migration policy as crucial factors.

The debate underscores the challenge of balancing social security with fiscal responsibility in an aging society.