Greek and German Pensions

[pullquote]In Greece workers can retire after 30 years and collect 80% of their annual income.  In Germany it takes 40 years and workers get 70% of their income.[/pullquote]

A concise comparison of Greek and German pensions heard on Marketplace this afternoon (July 7):

No wonder the German public is, um, peeved.

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About Tony Lima

Retired after teaching economics at California State Univ., East Bay (Hayward, CA). Ph.D., economics, Stanford. Also taught MBA finance at the California University of Management and Technology. Occasionally take on a consulting project if it's interesting. Other interests include wine and technology.