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Pension Duration Has Increased by Over 40% in the Last Four Decades

Chart of the Month – October 2016

Date 27 Oct 2016

Employees retiring today can expect to receive 19.9 years of old-age pension payments. In comparison, retirees in 1970 received payments for 13.9 years on average. This means that the duration of pension payments has increased by over 40% in the last four decades. These figures were calculated by the Federal Institute for Population (BiB) based on data from the German Statutory Pension Insurance Scheme and life expectancy projections. > More

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© Federal Institute for Population Research - 2017