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Starting signal for the basic pension - the first pensioners receive notifications

2021-07-20T08:46:31.358Z


Seven to eight million retirees will be happy in the future. After a long delay, the basic pension has finally started in Germany.


Seven to eight million retirees will be happy in the future.

After a long delay, the basic pension has finally started in Germany.

The first notices for the basic pension have been sent. After a long delay, new retirees first receive mail from the office, as announced by the German Pension Insurance Association. The surcharge is paid to those who have earned little over the years that have to be paid in. Those who are already receiving a pension and are hoping for an improvement in their income through the basic pension have to be patient: "Since a total of 26 million pensions must be checked to see whether the surcharge can be paid, the last cases will be dealt with by the end of 2022," said the authority .

It took an enormous amount of lead time to check who was entitled to the basic pension according to the legal requirements.

For this purpose, among other things, a new data highway was built between the pension insurance and tax authorities.

Because the payment of the basic pension is preceded by an income test.

An application does not have to be made - everything runs automatically.

Basic pension: A maximum of EUR 418 gross per month in addition

The target group of the basic pension are people who have worked for many years but who receive little pension because of low wages.

After 33 years of basic pension periods, low-wage earners receive a supplement on top of the pension that reaches the full amount from the age of 35.

Basic pension periods arise from the payment of compulsory contributions from professional activity as well as from contribution periods for bringing up children and caring for relatives.

Seven to eight million pensioners - with this number, the pension insurance wants to check this year whether they get the premium.

The review process should then be completed for all 26 million pensions by the end of 2022.

The basic pension is paid out retrospectively from January 1st.

On average, the basic pension supplement is 75 euros gross per month.

It can be a maximum of 418 euros gross.

At that time, the supplement to old-age pension, pension due to reduced earning capacity or pension due to death was introduced.

The basic pension had been decided by the Union and the SPD * after a long dispute.

(dpa) * Merkur.de is an offer from IPPEN-MEDIA.

Source: merkur

All news articles on 2021-07-20

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