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Private pension schemes in Germany are personal funded pensions. The funds are protected by law and cannot be seized by creditors or the state. They are also not inheritable. Payments into these funds benefit from a government sponsored tax credit of €154 per year per adult and up to an additional €300 if the fund beneficiary has children.
A German passport A German identity card is valid for travel to most European countries. Visa requirements for German citizens are administrative entry restrictions by the authorities of other states placed on citizens of Germany. As of 5 February 2025, German citizens had visa-free or visa on arrival access to 189 countries and territories.
Social security in Germany is codified on the Sozialgesetzbuch (SGB), or the "Social Code", contains 12 main parts, including the following, Unemployment insurance and public employment agencies (SGB II [1] and III [2]) Health insurance (SGB V [3]) Old age, widow's/widower's, orphans and disability pension insurance (SGB VI [4])
Mandatory occupational pension provision: Voluntary private collective pension provision; Voluntary private individual pension provision Georgia: Basic pension: N/A: N/A: N/A Germany: Social assistance: Social insurance system: Voluntary occupational pension insurance: Private pension schemes Hong Kong: Basic pension: Provident fund system: N/A ...
The Ministry's purpose is to guarantee a sufficient and sustainable pension system, to establish new inclusive policies that reduce inequality, uncertainty and social exclusion and to develop a new legal framework to order and give security for migrants. [3] The major policy planned by the ministry is to establish and manage a 'vital minimum ...
Promising to rescue Germany from the far right, a new leftist party offered up a populist recipe of high pensions, low defence spending and an end to expensive climate policies in its first outing ...