Pensions in Germany are expected to rise further in the summer.
This emerges from the new pension insurance report.
How much money would then be possible.
Pensioners in Germany can probably expect more money in 2023.
The German Press Agency (dpa) reported on this on November 6, citing the draft of the 2022 pension insurance report: According to estimates, pensions in western Germany are expected to rise by around 3.5 percent in July and in eastern Germany by a good 4.2 percent.
With a pension of 1,000 euros, the estimated adjustment means an increase of around 35 euros in the west and 42 euros in the east, according to the dpa report.
The data for 2023 is provisional and will not be clear until next spring.
The picture on Sunday (BamS
)
had previously reported about it.
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Good prognosis for pensioners: According to the estimated adjustment, payments should increase in the coming year.
© Thomas Warnack/dpa
Expected pension increase in 2023
According to the report, pensions are expected to rise by a total of almost 43 percent by 2036, the dpa continues.
This corresponds to an average growth rate of 2.6 percent per year, it said.
According to the report, the pension level, which is currently around 48.1 percent, will remain just above 48 percent until 2024.
It expresses the ratio of pensions to wages and thus the security power of pensions for pensioners.
By law, the level cannot drop below 48 percent by 2025.
In the
BamS
, Federal Labor Minister Hubertus Heil (SPD) confirmed that another pension reform was planned: "Next we will take care of keeping the pension level stable in the long term, well beyond 2026."
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Development of contribution rates according to provisional calculation
According to the provisional calculation, the contribution rate should remain stable at the current value of 18.6 percent until 2026, according to the reports.
The contribution rate is the share of the gross monthly wage that is earmarked for pension insurance.
It is paid half by the employer and half by the employee.
Planned pension increase under criticism – timing too late?
According to the current plans, the pension insurance report 2022 is to be decided in the cabinet on November 30th, dpa also reported.
The Bundestag and Bundesrat would then have to deal with the data.
According to the assessment of the German trade union federation, the increases would come too late in view of the inflation.
To compensate for high energy costs, pensioners receive a one-time payment of 300 euros in December.
List of rubrics: © Thomas Warnack/dpa