of the low-wage sector and the risk of poverty. About one third of those at risk of poverty manage to break out of the …

significantly since 2003. Nevertheless, our findings show that the general relative poverty risk for older people in Germany has … remained roughly constant over the last ten years-although the poverty rate of the population as a whole has been increasing …. We found that one-fifth of all persons living near the poverty line possess substantial assets that they can fall back on …

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 … people and housing subsidy proves the true magnitude of the old-age poverty in Germany. On an average four percent of the old …

income accruing before retirement, require replacement rates between 33 % and 50 % in order to avoid elderly poverty and … exceed the level needed to avoid poverty but do not meet the requirements for a consistant living standard. …

poverty defi nition. The low income population rose to 16 percent in this period but this was the result of increasing average …

Poverty is a frequent topic in the media and in politics, but the definition of poverty is not satisfactory. The … European Commission’s poverty of risk concept ignores social and regional income discrepancies, assets are disregarded, and … real poverty is not defined. Other definitions show that poverty is difficult to grasp in practice. There are also …