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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