Pensions at a Glance 2011: Retirement-income Systems in OECD and G20 Countries

Germany

DOI:10.1787/pension_glance-2011-56-en

Germany: Pension system in 2008 The statutory public pension system has a single tier and is an earnings-related PAYG system. Calculation of pensions is based on pension points. There is a socialassistance safety net for low-income pensioners.



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