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Study shows: 42 percent of all pensioners receive less than 1,250 euros per month

2024-02-05T12:52:02.071Z

Highlights: Study shows: 42 percent of all pensioners receive less than 1,250 euros per month.. As of: February 5, 2024, 1:44 p.m By: Marco Blanco Ucles CommentsPressSplit Retirees struggle enormously with the effects of inflation. A study by the Federal Statistical Office now shows how dramatic the situation is. Inflation, in which Germany is average compared to other countries, hits one group in Germany particularly hard: pensioners. The average pension in 2022 was 1,728 euros gross for men and 1,316 euros for women. The holding line for the current level of statutory pension protection applies until 2025.



As of: February 5, 2024, 1:44 p.m

By: Marco Blanco Ucles

Comments

Press

Split

Retirees struggle enormously with the effects of inflation.

A study by the Federal Statistical Office now shows how dramatic the situation is.

Inflation, in which Germany is average compared to other countries, hits one group in Germany particularly hard: pensioners.

This is now proven by figures from calculations by the

Federal Statistical Office

, which were requested by left-wing politician Dietmar Bartsch.

The frightening truth: 42.3 percent - around 7.5 million people - of all pensioners have to get by on a net income of less than 1,250 euros per month.

The figures are available to the

DPA

news agency .

5.2 million of the 7.5 million people are women - more than 53 percent of all pensioners in Germany.

Slightly more than one in four pensioners even receive a pension of less than 1,000 euros per month.

According to the German Pension Insurance, the average pension in 2022 was 1,728 euros gross for men and 1,316 euros for women.

42 percent of all German pensioners have to get by on less than 1,250 euros net per month.

© Michael Gstettenbauer/IMAGO

In view of the low pensions, Bartsch made it clear to the

editorial network Germany

: “That is a shameful result.

I am calling for an extraordinary pension increase of ten percent from the traffic light year to compensate for inflation for all pensioners.” Labor Minister Hubertus Heil (SPD) recently announced that the planned package for long-term pension security would soon be launched.

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Heil would like to “stabilize the statutory pension in the long term so that people can continue to rely on good retirement provision in the future”.

The plan is to secure an existing holding line for the pension level of 48 percent in relation to wages in the long term.

The holding line for the current level of statutory pension protection applies until 2025.

Source: merkur

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