Who pays for the traffic light pension package: economist calculates.. As of: March 9, 2024, 9:48 a.m By: Bettina Menzel CommentsPressSplit The economist and economist Martin Werding at a federal press conference of the Council of Experts to assess overall economic development in November 2023.
The German pension system is based on the pay-as-you-go system. This means that people who work pay for pensioners' retirement provisions with their pension contributions.