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Germany's statutory pension system, explained. A contribution of 18.6% of an employee's gross monthly salary goes into the state retirement fund, with the employee and the employer each paying half.
As political parties, including Alternative for Germany (AfD) and Sahra Wagenknecht Alliance (BSW), promise more money for pensioners, pensions have become a hot topic in Germany ahead of the ...
Peter Stutz, a union official in a Bremen factory, sounds like many despairing young Americans when he talks about Germany’s social security pension system.“If it goes on like it is now ...
An international analysis has concluded that Germany’s pensions system is among the best in the world – but there is lots of room for improvement.
The pension system in Germany, established in 1889, is based on a public retirement insurance scheme in which the pensions of current retirees are paid using insurance contributions from the ...
Germany's statutory pension system, explained. A contribution of 18.6% of an employee's gross monthly salary goes into the state retirement fund, with the employee and the employer each paying half.
Germany's pension system ranks 20th in the world, according to a ranking of 48 countries published by Human resources firm Mercer and the Chartered Financial Analyst (CFA) Institute this week.
The German government hopes to secure the long-term financing of its pension system with a new capital stock of up to €200 billion, which should be invested in global markets and yield €10 ...
This year, all retirees' pensions increased by 4.57% across Germany. "There is also a pension guarantee, meaning pension payments cannot fall below a certain level even in the hypothetical case of ...
As political parties, including Alternative for Germany (AfD) and Sahra Wagenknecht Alliance (BSW), promise more money for pensioners, pensions have become a hot topic in Germany ahead of the federal ...