A 30-point plan to reform Germany's pension system has drawn praise and criticism in almost equal measure. Centrist politicians have called it a good compromise, but opposition parties on the left and right are unhappy.

A 30-point plan to reform Germany's pension system has drawn praise and criticism in almost equal measure. Centrist politicians have called it a good compromise, but opposition…

Among the proposals are a mandatory capital-funded pension savings scheme modeled on Sweden’s system.

Germany plans to gradually raise its retirement age beyond 67 and also abolish early retirement, as well as expand compulsory pension contributions under a...