Germany: employees retire later and later

Difference between men and women. Commissioned by the Department for Family Affairs, the “Deutscher Alterssurvey” study analyzes the living conditions of people aged 40-85 and living in Germany.  It points to a new increase in actual retirement age. In average, now, German people retire at 63, i.e. one year later than in 2008.  In 2008, nearly 33% of people over 60 were still active. But this rate is different for men and women. In 2008, almost 40% of men over 60 were still working, while only 32% for women in western Germany and 24% in the east. The survey’s authors also point out that social differences increase with age. The gap between well-off older people and those who fear that their standard of living will decline once they retire has widened.  About 60% of seniors say that their financial status is “good” or “very good.”  However, one in three is worried about their future.
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ne year later than in 2008. In 2008, nearly 33% of people over 60 were still active. But this rate is different for men and women. In 2008, almost 40% of men over 60 were still working, while only 32% for women in western Germany and 24% in the east. The survey’s authors also point out that social differences increase with age. The gap between well-off older people and those who fear that their standard of living will decline once they retire has widened. About 60% of seniors say that their f

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