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.
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.