In this paper we discuss why occupational pensions in Germany are not yet as fully developed as they could – and should – be. We also address why multinational companies should take another look at their pensions in Germany.
Despite important reforms over the last 10 years, the pension that German people will receive from the state will continue to decline. Given this decline in state pensions, employers will play a key – and growing – role in strengthening the overall system. This is not a case of pure altruism on the part of companies. By offering employees a supplementary pension, they can better attract and retain employees.
Time for action
In the paper 'Occupational pensions in Germany − time for action', Ruediger Blaich discusses why occupational pensions in Germany are not yet as fully developed as they could – and should – be. He also addresses why multinational companies with operations in Germany should take another look at their pensions. Finally, he provides eight guidelines for building sustainable pensions.
Ruediger Blaich says: “Germany is not unique in facing serious challenges with its pensions, but the German pension system itself is unique and requires different solutions compared with other countries.”
Download the research paper (26 pages)
Click here to download the paper.
Review webinar on 11 November 2010
On 11 November 2010, Ruediger Blaich, the author of the report 'Occupational pensions in Germany − time for action' organised a one-hour online briefing. Please click here to read the read the review or listen to the recorded meeting.
Ruediger Blaich, Regional Director for Germany, Switzerland, Austria and Central & Eastern Europe, AEGON Global Pensions
