Germany’s historic pension overhaul could increase annual inflows into the system’s three pillars by €90 billion ($105 billion) annually, according to Apollo Global Management Inc. European Economic & Policy Strategist Huw van Steenis.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-04/german-pension-reform-may-raise-90-billion-a-year-apollo-says)