PENSIONS FROM AGE 58 - IMPROVEMENT OR DET ERIORATION OF MATERIAL LIVING-CONDITIONS

The BRD social security system contains numerous regulations concernin g the smoothness of regulating social security benefits between unempl oyment benefit to pension benefit. Raising the retirement age for unem ployed will lead to long-term unemployment or to a decreasing pension payment in the case of early retirement. In both cases the material in come situation will deteriorate. Using the regulation for people who a re or will be unemployed at the age 58, it can be shown that benefits were already clearly reduced before the new regulation of 14. 2. 1996 come into effect especially for those with unemployment assistance. Th e political objective of reducing the extent of early retirement will be paid by the unemployed themselves.