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Pensions are increasing: You will get so much more from July 2022

2022-06-25T03:07:33.275Z

Pensions are increasing: You will get so much more from July 2022 Created: 06/25/2022, 04:58 Pensioners can look forward to more money from July. But how much exactly? An overview. Munich - The approximately 21 million pensioners in Germany can look forward to a whopping increase in their payments on July 1st. In the west the plus is 5.35 percent, in the east 6.12 percent. This was announced by



Pensions are increasing: You will get so much more from July 2022

Created: 06/25/2022, 04:58

Pensioners can look forward to more money from July.

But how much exactly?

An overview.

Munich - The approximately 21 million pensioners in Germany can look forward to a whopping increase in their payments on July 1st.

In the west the plus is 5.35 percent, in the east 6.12 percent.

This was announced by the Federal Ministry of Labor on Tuesday in Berlin.

The regular pension adjustment is therefore significantly higher than initially assumed. 

Pension: Increase significantly higher than previously thought

At the end of November, Federal Labor Minister Hubertus Heil (SPD) called 4.4 percent.

The reason for the highest pension increase since 1983 (5.59 percent) is the positive wage trend.

The reinstatement of the so-called catch-up factor announced by the coalition has already been taken into account.

This planned change in calculation dampens the pension increase;

otherwise it would be even stronger.

The background is that despite a slump in income due to the corona pandemic, there was no pension cut last year, but a pension guarantee still ensured a zero round.

This is to be compensated for with the catch-up factor, which is still to be introduced by law.

Heil emphasized yesterday that the significant pension adjustment was good news for the people "who had kept the shop running for years through their work".

Especially in view of the rising prices and the international crisis situation, it is important to see that "our pension system works," said Heil.

The development of pensions should not be decoupled from the development of wages.

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Pension: There will be so much more money from July

But how much does the pension plus mean in detail?

Our table provides an overview.

also read

Hartz IV bonus doubled in 2022: when the money will be paid out

Top economist Hans-Werner Sinn warns of difficult years ahead for Germany: "The state will be hopelessly overwhelmed"

The German trade union federation criticized that the increase due to the so-called catch-up factor should be lower.

DGB board member Anja Piel said: "Further price increases are imminent, especially in energy costs."


Union faction Vice Sepp Müller (CDU) said that the increase would melt under the current inflation rate "like butter in the sun".

"The federal government has a duty to relieve citizens of their living costs significantly," says Müller.

Source: merkur

All news articles on 2022-06-25

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