People with high incomes live longer on average than low-wage earners - study shows difference

A study by the German Institute for Economic Research shows what effects income and work stress have on the duration of pension payments. 

People with high

incomes

live on average almost five years longer than low-wage earners, civil servants four years longer than blue-collar workers: At least on average, this is the case, according to reports from a new study by the German Institute for Economic Research (DIW) on behalf of the social association VdK.

New study: civil servants live longer than blue-collar workers on average

According to the study, civil servants currently have a life expectancy of

87.2 years

- more than employees, self-employed and, above all, workers who

would do the worst

at

83.1 years

, quoted

Tagesschau.de

from the study mentioned. In addition, workers - due to a lower income - on average also have to get by with less money in their shorter

retirement

. "Many employees who work in professions that were classified as particularly stressful earn less money, receive less pension and have a shorter life expectancy," says the report on

Tagesschau.d

e with reference to the study.

"The lowest income group lives on average almost five years less than the highest: 82.6 instead of 87.5 years."

Also read

: Do you want to retire earlier?

Then you have to pay so much for it every month

DIW study also shows: Stress costs retirement years

Also

Tagesspiegel.de

reported on the study: People with a

high physical or psychosocial stress at work

would therefore one to

three years

shorter

life expectancy

than workers with little stress at work, according to the report.

The DIW data would also show that the differences between the groups are more significant for men than for women, whose life expectancy is generally higher.

Also read:

Riester pension under criticism - consumer advocates call for reform of private pension provision

Debate about retirement age

The study coincides with the election campaign, when the

debate about the retirement age is also

a contentious issue. The VdK rejects proposals to increase the retirement age to 68, 69 or 70 years to stabilize the pension fund, as reported by the German press agency. According to the report on

Tagesspiegel.de

,

the association criticizes the retirement age at 68, 69 or 70

. Instead, low-wage earners who have paid pension contributions for decades should be better off. The basic pension can only be a first step.

Further reading

: Basic pension not yet on the account? How to find out if you get the money.

(ahu) * Merkur.de is an offer from IPPEN.MEDIA.

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