In FOCUS / 2016-11-29
Basic security benefits: at retirement age, women are particularly affected
The current debate on statutory pensions focuses on old-age poverty. In June 2016, a total of roughly 1,035,000 people in Germany received basic security benefits in old age and in cases of reduced earning capacity from the government. 532,000 of them had reached or exceeded retirement age and received basic security benefits in old age (51%).
By providing basic security benefits in old age, the government supports people whose pension - possible together with other income - is not sufficient to cover their living expenses. The number of recipients of this benefit has increased markedly over the past few years. At the end of 2006, roughly 371,000 people received basic security benefits in old age. The total number of recipients of basic security benefits amounted to 682,000.
At retirement age, women needed much more often government support than men. In June 2016, roughly 59% of the people receiving basic security benefits in old age were women. Examining all recipients of basic security benefits shows that the ratio between the sexes was almost balanced (women: 52%; men: 48%).