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Strong economy boosts pension payouts
Pensions

Strong economy boosts pension payouts

Low unemployment and high wages among the young mean Germany's 20.5 million pensioners can expect a higher income from July, after the Social Affairs Ministry said pensions would be increased by up to 2.5 percent.
Teacher wins fight to work past 65
Education

Teacher wins fight to work past 65

Many teachers can't wait to put down the chalk and retire, but not this one. A 65-year-old German teacher desperate to carry on working has won his case. Forced retirement would be ageism, the court said.
Women still 'much poorer' than partners
Pensions

Women still 'much poorer' than partners

Women have considerably less in personal assets and savings than their live-in male partners, new statistics showed on Sunday, suggesting that even married women are more likely than their spouses to end up living in poverty in later life.
More Germans than ever take early retirement
Pensions

More Germans than ever take early retirement

More Germans than ever before are taking early retirement, according to new figures released on Thursday. A record number put their feet up early in 2011, opting to take a reduced pension in order to enjoy more free-time.
'Too sick to work' teacher rakes in Swiss cash
Pensions

'Too sick to work' teacher rakes in Swiss cash

A German teacher who went into early retirement on a state pension after he was classified as too sick to work was found to be earning €9,900 a month in Switzerland. A court this week handed him a €20,000 fine for pension fraud.