Pensions in an international comparison: Germany performs poorly. In Germany, the pension works as follows: after 45 years of work and reaching retirement age, you can retire without deductions.
In neighboring France, however, there is a minimum pension of 1,200 euros per month. In Denmark, the retirement age is to be raised to 74 years. Germany is in third-to-last place when it comes to the ratio of pensioners to workers. Only Italy and Spain are behind them.