scheme, the amount received is so low that people with reduced earning capacity are at very high risk of poverty and there is … potentially reduce the risk of poverty by around eight percent, there continues to be an above-average likelihood of people with … reduced earning capacity being affected by poverty. In addition, those affected have a low life expectancy, meaning that a …

transfer programs affect the pension income and help to reduce old age poverty. We find that child related transfers in the … pensionsystem (Kindererziehungszeiten) have a sizable effect and help to reduce old age poverty amongst mothers with low lifecycle …