Ú Retirement benefits are to be provided on a more sustainable basis Providing employees and managers with retirement benefits ranks high in importance for the Lufthansa Group. And we have every intention of keeping it that way. The Lufthansa Group is cognizant of its responsibility for managers, employees, and the company and seeks to ensure that financing for company retirement benefits for present and future employees remains secure for the long term. The goal is to offer a modern system of ben- efits that has more flexibility and is based on developments in the capital markets. When Lufthansa’s company pension scheme was introduced in 1994, the employer pension contributions accrued interest at a rate of 6–7%. In today’s interest rate environment, however, such yields are expected to remain unachievable for the foreseeable future. This means that the costs of providing benefits are significantly higher for the Lufthansa Group today than the two sides to the negotiations jointly assumed when the model was imple- mented in 1994. Moreover, the underlying economic and demographic conditions have Lufthansa Group: Employees by group and gender Employees as of December 31, 2013, in percent Female employees Male employees Female 52,709 Male 65,505 44.6 55.4 Apprentices 1,403 28.6 71.4 Ground 1 82,245 38.0 62.0 Flight 2 34,566 61.0 39.0 Cockpit 8,973 5.4 94.6 Cabin 25,593 80.5 19.5 Lufthansa Group: Distribution of employees Employees as of December 31, 2013 2013 2012 Change Group employees 118,214 116,957 + 1.1 % of which Passenger Airline Group 54,702 55,236 – 1.0 % of which Logistics 4,589 4,606 – 0.4 % of which MRO 19,917 20,282 – 1.8 % of which IT Services 2,718 2,766 – 1.7 % of which Catering 32,307 30,088 + 7.4 % of which Service & Finance 3,981 3,979 + 0.1% Lufthansa Group: Jobs throughout the world in 2013 Employees as of December 31, 2013 Frankfurt am Main 36,257 Hamburg 9,552 Munich 10,408 Cologne 2,585 Berlin 1,456 Rest of Germany 6,537 Total in Germany 66,795 Rest of Europe 23,345 thereof Vienna 5,309 thereof Zurich 7,621 Africa / Middle East 2,145 North / Central America 14,433 South America 3,497 Asia / Pacific 7,999 Group total 118,214 1 Without apprentices. 2 Consists of cockpit and cabin. 92 // Social Responsibility