livable retirement benefits which don’t require investment
I wasn’t aware that Europe has such a thing. Which European countries? All of them? Certainly it’s being paid for somehow. Americans get retirement in the form of social security. That does require that you pay into it, but I’m assuming the European version does as well, just as a general tax instead of a specific charge. Is the European version based on how much you made while working? What is the program called?
It’s paid for in Germany through a tax, but not personal investment in a retirement account (maybe my phrasing was unclear). The level of retirement pay is dependent on the time you worked and your pay, but it’s complicated. Someone who works full time for minimum wage will still get enough for healthful survival into old age. Each European country handles things differently.
Also, parental leave, I don’t know how I missed that one.
Vacation, illness/disability benefits that pay you for sick days regardless of your job, livable retirement benefits which don’t require investment…
I wasn’t aware that Europe has such a thing. Which European countries? All of them? Certainly it’s being paid for somehow. Americans get retirement in the form of social security. That does require that you pay into it, but I’m assuming the European version does as well, just as a general tax instead of a specific charge. Is the European version based on how much you made while working? What is the program called?
I said livable. Social security is not livable.
It’s paid for in Germany through a tax, but not personal investment in a retirement account (maybe my phrasing was unclear). The level of retirement pay is dependent on the time you worked and your pay, but it’s complicated. Someone who works full time for minimum wage will still get enough for healthful survival into old age. Each European country handles things differently.
Also, parental leave, I don’t know how I missed that one.