Helmedag, Fritz - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 104 (2024) 2, pp. 92-97
The formal relationships between the contribution rate of workers and the pension level are modelled in the pay …-as-you-go system. The average pensioner has paid contributions over 36 years and currently receives EUR 1,246.67 as a monthly pension …. The “standard pensioner” contributed over 45 years and receives a “standard pension” of EUR 1,692. The real pension level …