The number of fatal work accidents has fallen in Germany, although the number of occupational diseases has risen, according to a report released in December 2014. However, the Annual Report on Health and Safety at the Workplace also shows that production lost as a result of sickness leave was worth €59 billion in 2013, or 2% of German gross national income.
„Actuarially Fair” Reductions in Early Retirees’ Pension Benefits
Calls for the reduction in state pension benefits for early retirees to reflect real insurance risks imply that early retirement need not involve any additional costs.
Michael Hüther / Jochen Pimpertz IW-Policy Paper No. 6 6. October 2022
Asset accumulation for retirement provision
The pay-as-you-go statutory pension insurance is intended to protect workers in Germany from having to rely on tax-financed assistance in old age. However, due to the ageing of society the security level of the statutory pension insurance must decrease.
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German Economic Institute (IW) 
