In the following study we examine the level of pensions dependent on the different pension systems in the private and public sector and dependent on the level of income in Germany for the year 2012. Regarding the percentage of the net wage to the net income before retirement the differences...

The pension reforms of the beginning of this century left their marks. The pension level has dropped sharply. Compared with 1989 results suggest a reduction of almost 14 percent nowadays. Further reductions are announced with the consequence of threatening old age poverty particularly for low...