Pensions at a Glance 2007: Public Policies across OECD Countries

Germany

DOI:https://dx.doi.org/10.1787/pension_glance-2007-14-en

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 social-assistance safety net for low-income pensioners.



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