EC criticises Germany's pension-savings grant

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GERMANY - The unequal treatment of residents and non residents by aspects of Germany's pensions savings grant contradicts legislation on the free movement of workers and persons, the European Commission has said.

In a formal request, the EC has asked Germany to amend its pensions savings grant (the Altersvorsorgezulage), which was designed to encourage individuals to make their own capital-based provision f...

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