Old-age poverty in Germany: Financial expert calculates who is running out of pensions. As of: March 29, 2024, 1:33 p.m By: Sofia Popovidi, Romina Kunze CommentsPressSplit The risk of falling into poverty in old age is increasing in Germany.

Basic pensions and basic security should counteract this. A financial expert explains the two models. Syke – In Germany, older people are increasingly fighting against poverty. People over 65 in particular suddenly find themselves at the subsistence level in retirement.