The Limited Times

Now you can see non-English news...

Basic pension: The first notifications will be sent out from July - what pensioners should also know

2021-05-03T11:07:24.547Z


The basic pension came into force on January 1st. But retirees haven't got it yet. That should change for the first beneficiaries in the foreseeable future.


The basic pension came into force on January 1st.

But retirees haven't got it yet.

That should change for the first beneficiaries in the foreseeable future.

The

basic pension has been

in force

for a few months

.

According to estimates by the Federal Ministry of Labor, around 1.3 million retirees can

expect

a

premium averaging 75 euros per month

, as the German Press Agency (dpa) describes.

Because: Anyone who has worked for many years and earned below average should receive a basic pension in future.

The Bundestag agreed on this at the beginning of July 2020.

Basic pension: Surcharge for small pensions - the amount is determined individually

But not everyone receives the full allowance: “The basic pension is not an independent benefit, but rather a plus to the existing pension.

It is paid out together with the statutory pension.

The amount is determined individually ”, describes the German pension insurance.

You can find out more about the calculation of the basic pension here *.

You don't have to submit an application.

The check by the pension insurance takes place automatically, as does the payment.

Also read

:

Do you

only retire at the age of 70?

Experts call for a higher retirement age

Without application: First basic pension notices from July

From July 2021, the first notifications will be sent out,

as it says in the dpa report (as of April 22). Anyone who, as a so-called new pensioner, receives their pension notification from the start of the mailing campaign in July will also receive information as to whether they are entitled to a basic pension, writes dpa. For everyone who had received their pension notification earlier, the right to the basic pension supplement is checked separately. “We start with the oldest vintages, then the younger vintages follow step by step. The last cases will be called by the end of 2022, ”the report said. And: “If the check shows that there is an entitlement, those affected receive a new pension notification. This also provides information on the amount of the surcharge. Amounts to which there is a claim from January 2021 will be paid later.also don't get any notice.

Also read

: This is what you should have done before you retire - urgent advice from experts

Why is it taking so long to pay out the basic pension?

Why does it take so long to pay out the basic pension?

The introduction of the basic pension is associated with considerable administrative effort, explained the German pension insurance to the background.

“From almost 26 million pensions, we have to filter out those who have a claim.

The basic pension supplement is paid for all types of pensions, i.e. old-age pensions, pensions for surviving dependents (i.e. widow's and widower's pensions, orphan's pensions and child-raising pensions) as well as disability pensions. whose pension begins after December 31, 2020.

(

ahu) * Merkur.de is an offer from IPPEN.MEDIA.

Sources: dpa, German pension insurance

Also interesting:

Possible double taxation of the pension: The background to the dispute

The money before the euro: do you still know these EU currencies?

The money before the euro: do you still know these EU currencies?

List of rubric lists: © Patrick Pleul / dpa

Source: merkur

All life articles on 2021-05-03

You may like

Trends 24h

Life/Entertain 2024-04-19T19:50:44.122Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.