Pensions in Germany Pensions in Germany Pensions in Germany are based on a “three pillar system”. The scheme is based on the pay-as-you-go (or redistributive) model. Funds paid in by contributors (employees and employers) are not saved (or invested) but are used to pay current pension obligations. Civil servants in Germany do not pay any contributions themselves but their salaries are correspondingly lower than those in the private sector. Recent changes to the system mean that from 2012 to 2023 the retirement age will go up to 66 by 2023. From 2023 the retirement age will be increased by two months each year,
Parliamentary Secretary to the Minister for Pensions Parliamentary Secretary to the Minister for Pensions The Parliamentary Secretary to the Minister for Pensions was a junior Ministerial office at Parliamentary Secretary rank in the British Government, supporting the Minister for Pensions. It was established in 1916 and filled intermittently until 1932. It was established again from 1940, with joint holders from 1951. In 1944 a separate Ministry of National Insurance was formed and from 1945 until 1951 there was a Parliamentary Secretary to the Minister of National Insurance. The two departments merged in 1953. In 1966 the department became the Ministry of Social Security, and the title of