Despite years of contribution payments, millions of Germans are threatened with a meager pension in old age. Almost a third of full-time employees in Germany after 40 years of work receive a pension of less than 1,100 euros net per month.
Sahra Wagenknecht alliance wants to make pension policy a central election campaign issue. “Germany is heading towards a pension catastrophe, that is socially explosive,” she said. Germany has one of the worst pension systems in Europe, she concluded.