[HIGHLIGHTS] At 2000 euros pension: This is how high the taxes are for retirees

The taxable portion of the pension is increasing from year to year. For people retiring in 2022, the figure is already 82 percent.

When you retire in 2040, the entire pension will be subject to income tax. The basic allowance applies here, i.e. the amount that remains tax-free. In 2023, this amount is 10,908 euros for single people. The earlier someone retires, the greater the likelihood that they will have to pay little to no tax on the pension.