Pensions in a country comparison: This is how poorly Germany performs. In Germany, the pension works as follows: after 45 years of work and reaching retirement age, you can retire without deductions.
The entry age is currently 67 for those born after 1964. If you want to retire earlier, you have to pay deductions. Anyone who has never worked in Germany only receives basic income. In neighboring France, however, there is a minimum pension of 1,200 euros per month. Pensioners in this country are left with around 53 percent of their last net income.