In FOCUS / 2016-04-24
Basic security benefits: at retirement age, women are particularly affected
The current debate on statutory pensions focuses on old-age poverty. In December 2015, a total of roughly 1,038,000 people in Germany received basic security benefits in old age and in cases of reduced earning capacity from the government. 536,000 of them had reached or exceeded retirement age and received basic security benefits in old age (51.6%).
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. Compared with a year earlier, the number of recipients was up 4.7%. The number of all persons receiving basic security benefits rose 3.5% in the same period.
At retirement age, women needed much more often government support than men. In December 2015, roughly 60.0% 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: 52.1%; men: 47.9%).