Social security: Retirement benefits and health care
A sound financial base, coupled with adequate risk assessments, forms the foundation of Daimler’s provisions for a secure retirement, or for the event that employees become unable to work anymore. The “Global Pension Guidelines” outline the way these goals should be reached. A special governance structure controls the Group’s worldwide pension plans, and any Group company wishing to change an existing pension scheme or introduce a new one must obtain approval to do so from the Global Pension Committee.
Provisions for retirement benefits and health care
| in € billion | 2006 | 2007 |
|---|---|---|
| Provision for retirement benefits and health care |
19.01 | 3.9 |
| Social security contributions | ||
| of which in Europe | 2.0 | 1.9 |
| NAFTA countries | 0.9 | 0.4 |
| rest of world | 0.4 | 0.3 |
| 1 2006 incl. Chrysler | All data acc. to IFRS | |