News

Working Paper

Restart of private pension provision

– The state-subsidised long-term investment account should be designed as lifelong, capital market-based product. Key elements should be high-yield funds, a simple default product, automatic enrolment and flexible payout options. (Download, in German)

© Bundesregierung / Steffen Kugler
Report

Creating new prospects for tomorrow – Not squandering opportunities

– The German economy is experiencing a period of weakness. GDP is expected to grow by 0.2 % this year and 0.9 % in 2026. To return to a path of growth, its productivity must increase, in particular through more innovation and investment.

© Oliver Kern
Press Release

Growth perspectives should not be squandered

– In view of the current challenges, Germany must develop new growth perspectives and security policy prospects. The opportunities arising must not be squandered.

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12 November 2025 – 12.00 hrs

Handover of Annual Report to the Chancellor

12 November 2025 – 14.30 hrs

Press conference for Annual Report 2025/26

Council Members

Prof. Dr. Veronika Grimm

In the Council since April 2020

Professor at the Technical University of Nuremberg (UTN) and Head of the Energy Systems and Market Design Lab. Member of the National Hydrogen Council of the Federal Government.

more about Prof. Dr. Veronika Grimm

Prof. Dr. mult. Dr. h.c. Ulrike Malmendier

In the Council since September 2022

Cora Jane Flood Professor of Finance at the University of California at Berkeley and Professor of Economics, Department of Professor of Finance, Haas School of Business

more about Prof. Dr. mult. Dr. h.c. Ulrike Malmendier

Prof. Dr. Dr. h.c. Monika Schnitzer, Chair

In the Council since April 2020

Professor of comparative economics at the Ludwig-Maximilians-University Munich (LMU).

more about Prof. Dr. Dr. h.c. Monika Schnitzer, Chair

Prof. Dr. Achim Truger

In the Council since March 2019

Professor of Socioeconomics, with a focus on government activity and public finances, at the University of Duisburg-Essen.

more about Prof. Dr. Achim Truger

Prof. Dr. Martin Werding

In the Council since September 2022

Professor of Social Policy and Public Finance at the Ruhr University Bochum (RUB).

more about Prof. Dr. Martin Werding