Policy Brief "Unternehmertum im Fokus" 01.10.2023 | 2023 The planned mandatory old-age provision system for new self-employed – how many will it affect?

The German government plans to introduce a mandatory old-age provision scheme for newly self-employed, who are not yet subject to a compulsory old-age provision scheme. The analysis of the authors suggests that many newly self-employed would not be subject to mandatory pension provisions because of their low income. Moreover, many self-employed would pay comparatively low contributions to the pension insurance and acquire correspondingly low pension entitlements.