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Differential mortality by income has been found in many countries. These differences in life expectancy are important from a political and an empirical point of view. Because poorer pensioners tend to receive pension benefits for a shorter period of time redistribution towards richer pensioners occurs in the pension system. Furthermore, differential mortality must be considered when interpreting empirical data about income or savings of the elderly. Based on the German Socio-Economic Panel, this paper finds a correlation between income and mortality for people aged 50 and above in Germany, too. Men and Women in the lowest quartile of the income distribution can expect to live 6, respectively 4 years less than men and women in the upper quartile. The positive correlation between income and life expectancy can be shown even when controlling for additional socio-demographic characteristics like schooling.
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