Social Security System

It is no secret that Germany has one of the most powerful (even on a European level) a system of social protection. This was possible thanks to the so-called social market economy – a concept developed by L. Erhard, and A. Mueller Armacost. Ludwig Erhard was the first postwar economics minister, and then – and the Chancellor of Germany. He introduced the model of the economy, according to which the state should provide substantial assistance to the most vulnerable (The disabled, pensioners, orphans), but at the same time not to support dependency.

This concept has been successfully operating for many decades, it has become a role model for many countries, as has proved many times its effectiveness. Care of the state supported by the fact that 27.6 percent of gross domestic product goes precisely to the social sector (pensions, allowances, tax credits). Germany first in the world has introduced a system social insurance, and their species in the country, dozens, ranging from traditional life insurance and accident and ending with the dismissal. In the future, the Government intends to continue this course, considering the social protect its citizens basic task of a civilized state.