Pensions, Annuities and Similar Payments
(1) Subject to the provisions of paragraph 2 of Article 18 pensions, annuities and other similar remuneration paid to a resident of a Contracting State shall be taxable only in that State.
(2) Notwithstanding the provisions of paragraph 1, benefits paid under the social security legislation of a Contracting State shall be taxable only in that State.
(3) Notwithstanding the provisions of paragraph 1, recurrent or non-recurrent payments made by one of the Contracting States, one of its "Länder", or one of their political subdivisions or local authorities to a resident of the other Contracting State as compensation for political persecution (including restitution payments) or for injustice or damage sustained as a result of war or for damage as a result of military or civil alternative service or of a crime, a vaccination or for similar reasons shall be taxable only in the first-mentioned State.
(4) The term "annuities" means certain amounts payable periodically at stated times, for life or for a specified or ascertainable period of time, under an obligation to make the payments in return for adequate and full consideration in money or money´s worth.