Pensions will rise in the summer of 2024: There will be so much more money for retirees. But there is bad news for new retirees: pension levels are showing a slight downward trend.

Dietmar Bartsch, parliamentary group leader of the Left, described the state of the statutory pension as “very worrying” He told the editorial network Germany (RND): “If new pensioners have less money in their pockets than existing pensioners, that is a fatal development”