Life in old age: These birth cohorts receive particularly low pensions

Some birth cohorts receive particularly low pensions in old age – despite decades of work. Find out who is affected and why pension levels were particularly low in certain years in this video.
For many people in Germany, the statutory pension is barely enough to live on – especially for certain age groups, it is significantly lower than for others. While the amount of the pension is always individual and depends on various factors such as years of contributions, earnings, and employment history, statistical analyses show that some age groups enter retirement with particularly poor prospects.
Statistically speaking, these generations receive the lowest pensionsIf you don't have much savings, it can be difficult to make ends meet in old age. In the video, you can see which birth cohorts this specifically affects and what these differences are due to.
Source used: stern.de
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