Since 2000, the individual monthly payments from the Germany Statutory Pension Insurance Scheme (GRV) to new male pensioners have been declining. Those entering retirement today receive an average of 7 percent less than those who retired ten years ago. At the same time, the number of recipients...

Until recently, old-age poverty in Germany has been no central subject in the socio-political discussion. By this discussion, only the social help to elderly people is taken into account. Besides, only half of the old-age poverty is monitored and does not consider that the housing subsidy (rent...