German social security: costs and benefits
Most working people pay contributions into different insurance funds – either statutory or private – in order to get healthcare, medical treatment and long-term care, unemployment benefit and a pension in Germany. Social security usually amounts to about 40 percent of gross income but employers typically pay about half of this. Employers also pay for company accident insurance, which covers rehabilitation and care after a work-related illness or an accident at work or place of study. There are also other benefits that are tax-funded, which are listed below.