• Germany edition
 
Hundreds of great job opportunities for foreign professionals at Germany's top employers - in cooperation with Monster, Experteer, Stepstone, and CareerBuilder.
What
Where
3,349
jobs available
Find English-speaking professionals with The Local.
Advertise a vacancy
Pensioners working more 'to avoid old-age poverty'
Photo: DPA

Pensioners working more 'to avoid old-age poverty'

Published: 28 Aug 2012 12:44 CET

In 2000, 280,000 pensioners had the €400-a-month jobs, which are exempt from taxes and national insurance contributions. This figure has risen to around 761,000, the Süddeutsche Zeitung newspaper said on Tuesday.

And of these, 120,000 were 75 and older, newspaper said. The information was secured from the government by the far-left Linke parliament party.

A further 154,000 people of pensionable age are working in more lucrative positions – twice as many as since then end of 1999 – and 80,000 of these are working full time. These figures, which the Süddeutsche Zeitung got from the national labour agency, do not include freelancers.

Job market expert Holger Schäfer of the Cologne Institute for Economic research (IW) said many older people “chose to work because it keeps them active.”

Because most people working in old age are highly-qualified “this shows that financial necessity is, in many cases, not the driving motive for staying in employment,” Schäfer added.

But others, like chairwoman of large lobbying group for socially disadvantaged groups VdK Ulrike Mascher, see the situation as much more alarming, and are warning of a wave of old-age poverty sweeping over the country.

Mascher told the Süddeutsche Zeitung that when it came to employed over-75s “they are rarely university professors who fancy keeping up their job, rather pensioners who are delivering papers, stacking supermarket shelves and doing other unattractive jobs to subsidise their measly pension.”

Government figures seem to support Mascher's concerns, as an average monthly pension payment is dropping. In 2000, an average person who took retirement after paying into the system for 35 years would have been set to receive €1,021 a month. By 2011, this had sunk to €953.

Those who had earned a reduced income, such as those who had worked part-time, would be looking at even less.

And though the Labour Ministry has said that sinking pension payments were “not synonymous with retracting financial situation” of current retirees, and that other forms of income are becoming more accessible for pensioners - like renting out property, or separate savings accounts – other politicians disagree.

“We are hurtling into mass old age poverty,” said Matthias Birkwald, pension policy spokesman of the Linke. “Falling pensions have to be stopped.”

The Local/jcw

The Local (news@thelocal.de)


Don't miss...X
Left Right

Your comments about this article:

The comments below have not been moderated in advance and are not produced by The Local unless clearly stated. Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.

ADD YOUR COMMENT   (YOU MUST LOG IN OR REGISTER TO MAKE A COMMENT)
Your German Career
What do German bosses need to do to get more out of their staff? Frankfurt-based business consultant Justin Bariso has this advice.
Germany's Federal Employment Agency has identified the job sectors the country is most short of workers for. JobTalk looks at where the vacancies lie.
Students at German universities have shown themselves to be a risk-free lot in a survey by Ernst & Young. The civil service is their most popular choice of future profession, while job security is valued above all else.
Jenny Core, originally from Bolton, England, shares her tips in this week’s My German Career on being an artist in Berlin. The 27-year-old exhibits her work regularly in the city, including next to a Turner Prize shortlister.
In this week's JobTalk, Tanya Schober, who is originally from India, talks us through her journey to German citizenship.
In this week's My German Career, Anupama Gopalakrishna, who is originally from Bangalore in India, tells The Local about her new life in Frankfurt.
German Employment News
What kind of companies are hiring foreigners in Germany? And which type of firm should you target for your next career move? Recruitment expert Chris Pyak reveals all to JobTalk.
German employees do the most overtime of any workers in the European Union, Social Affairs Commissioner Lazlo Andor said on Monday.
What do German bosses need to do to get more out of their staff? Frankfurt-based business consultant Justin Bariso has this advice.
Germany’s Labour Minister Andrea Nahles has given her backing to an anti-stress law, announcing a study into workers' mental health on Tuesday.
Germans could foot the bill for unemployment benefits in other European countries under an EU plan to tax the union's richest states.
What do Germans do in their spare time? More and more of them are working a second job, according to one study. Is work no longer paying enough and can your boss stop you taking a second job?

Reporter
The Local in Spain is seeking a reporter to join our growing team of internationally-minded, ambitious, and clued-up journalists. You will be based in our Madrid office covering news and events in Spain for thelocal.es and building this young site's audience.
FULL JOB AD »

Assistant for distribution process management
You will be working in conjunction with our wholesale retailer partners and will be responsible for managing and distribution process of various consumer products. As an effective assistant for distribution process management you will organize product delivery to domestic and international customers, ensure that our clients will receive excellent service experience that we are known for.
FULL JOB AD »

IT Officer (Hardware/Networking)
VFS TasHeel, leaders in Visa Processing and Delivery, is looking for an IT Officer (Frankfurt Office) who will be primary responsible for User Level Support of all VFST/VASCO systems
FULL JOB AD »

Motorhome Bookers
Bavaria
Tlde
Added 09/17/14

Zalando SE
Stepstone
Added 09/17/14

Poolia Deutschland GmbH, Niederlassung Frankfurt
Stepstone
Added 09/17/14

METRO AG
Stepstone
Added 09/17/14

Boehringer Ingelheim
Stepstone
Added 09/17/14

Freudenberg Home and Cleaning Solutions GmbH
Stepstone
Added 09/17/14

E.ON Business Services Berlin GmbH
Stepstone
Added 09/17/14

JobManager24 GmbH
Stepstone
Added 09/17/14

E.ON Business Services Berlin GmbH
Stepstone
Added 09/17/14

E.ON Business Services Berlin GmbH
Stepstone
Added 09/17/14