Pension in Germany: The growing gap between academics and formerly low -paid workers

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The pension system in Germany is in some cases unfair. A survey by the VDK shows the increasing material division in the older generation. Academicists have comparatively high income, while smaller paid professional groups have to deal with low pension claims. Pensioners in East Germany are particularly affected. It is urgently needed to reduce this injustice and align the pension reforms.
The pension system in Germany is in some cases unfair. A survey by the VDK shows the increasing material division in the older generation. Academicists have comparatively high income, while smaller paid professional groups have to deal with low pension claims. Pensioners in East Germany are particularly affected. It is urgently needed to reduce this injustice and align the pension reforms. (Symbolbild/MB)






Error in the system - Comment from Wolfgang Mulke to the gap, which grows between the poor and rich pensioners

Error in the system - Comment from Wolfgang Mulke to the gap, which grows between the poor and rich pensioners

The pension system in Germany is not fair. This is shown by a recently published survey by the Social Association of Germany (VdK). The results make it clear that the financial gap in the older generation is increasing significantly.

On the one hand, pensioners from academic professions can be found. They enjoy comparatively sufficient pension income and can continue to work in retirement age. A completely different Situation, on the other hand, is evident in those who are no longer able to work after a long and strenuous working life. Professional groups with lower incomes are mostly represented here. Your demands on old -age provision are correspondingly low. If you work longer, you often do this out of financial necessity, as your activities usually do not offer joy or fulfillment. This leads to further injustice, since life expectancy is often shorter after a physically exhausting work than that of high earners. The latter receive less pension overall.

The pensioners in East Germany are particularly affected. Many of them were unemployed for a long time after reunification and have therefore set up low pension claims. In addition, there is the lower wage level in the new federal states. Since the assets of households in the east are also lower on average than in the west, the low statutory pension income can hardly be increased by private pension. In the case of future pension reforms, the focus should therefore also be on reducing the gap between poor and wealthy pensioners. This will certainly not be an easy task, but it is urgently required.

keywords: pension system, injustice, financial division, pensioner, academic professions, low -compensated professional groups, retirement provision, pension reform, material division.