From Open Europe News summary:
A new OECD study has found that on average, German male pensioners receive a lower pension relative to their earnings (58%) compared to Greeks (110%), Spaniards (84%) and Italians (76%). 
". . . a republic, if you can keep it."
From Open Europe News summary:
A new OECD study has found that on average, German male pensioners receive a lower pension relative to their earnings (58%) compared to Greeks (110%), Spaniards (84%) and Italians (76%).