Pensions in Germany forgo a percentage of their state pension. 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
Pensions Expert Pensions Expert Pensions Expert is a specialist publication in the United Kingdom for the UK workplace pensions industry and is published by the "Financial Times". It was established in January 1997. "Pensions Expert" was originally launched by FT Magazines as Pensions Week in January 1997. Its launch editor was Andrew Michael, former editor of headlinemoney. It was the first news-led title to cover the UK pensions industry. In 2008 it became part of the Financial Publishing division of the Financial Times, which includes other financial publications such as "The Banker", "Investors Chronicle", "Money Management" and "fDi Magazine". The FT re-launched