This is how poorly pensions in Germany perform when compared to other countries. 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 you only retire at 74 years old. On average, employees in Saudi Arabia retire earliest. Germany is in third-to-last place when it comes to the ratio of pensioners to workers. Only Italy and Spain are behind them.