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submitted 1 year ago by genfood@feddit.de to c/europe@feddit.de
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[-] ParsnipWitch@feddit.de 3 points 1 year ago

Because it's different than the 401k. The money you pay into the Rentenkasse is converted into points which are a "promise" that you may get old-age pension someday in the future. It's not like a saving account where you put away your money.

this post was submitted on 28 Sep 2023
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