The UK referendum on May 23rd, 2016 resulted in a majority of 52% voting for the leave of the European Union. 17 million UK nationals voted FOR the so-called BREXIT. This historic democratic act will lead to the first exit of a member of the EU. At the same time many uncertainties and questions arise for EU nationals living and…
Pension insurance – across national borders
Working in different countries and having relocated, implicates, beside personal and occupational new experiences, some bureaucratic burden. To be secured and able to enjoy your retirement, a part of your salary feeds the pension insurance. The (German) pension insurance system works througout an inter-generation contract. German employees compensate for current pensioners and can count on the fact, that the next Generation will (partly) pay their pension. However, this System is etablished in…