Less money: deductions from the pension – this reduces the amount of retirement provision. echo24.de explains what role salary points, insurance, demographics and more have on pension levels and payouts.
Pensioners or employees can even take tactical action against some cuts in advance. For now there will be a pension increase from July 2024. The longer you pay into the pension insurance, the higher the pension will be. The higher the income, the more earnings points will accumulate and thus lead to a higher pension.