Pension increase and basic pension: who will get significantly more money in 2022
Created: 08/19/2022, 16:16
By: Sophia Lother
The federal government has decided to raise pensions.
Some pensioners are also entitled to the basic pension.
Frankfurt – The consequences of the Ukraine war, the corona pandemic and inflation are becoming increasingly noticeable.
The rising food, electricity, gas and fuel prices make it difficult for many.
It is also getting tighter and tighter for people who draw a pension.
According to a
survey, six out of ten people in Germany are already reducing their spending.
For some senior citizens, however, the year 2022 also has good news in store.
Because the basic pension goes into the second round.
Together with a pension increase, it means financial help in difficult times.
Everything worth knowing at a glance.
Pensioners with walkers pass Lime e-scooters in downtown Cologne.
(Iconic image) © Imago/Christoph Hardt
Basic pension, pension and pension increases: what will change for pensioners in 2022
First of all, senior citizens could look forward to a significant pension increase in July 2022.
Purchases in western Germany increased in July by 5.35 percent and in eastern Germany by 6.12 percent.
This is significantly higher than previously announced.
In 2021, Federal Labor Minister Hubertus Heil (SPD) spoke of 4.4 percent.
But the pension increase has already met with criticism.
The German trade union federation complained that the increase due to the so-called catch-up factor was lower.
And Union parliamentary group leader Sepp Müller (CDU) has already warned that inflation could nullify the increase.
The increase may not be sufficient, especially for people who only receive a small pension.
In order to help them, the federal government started the basic pension on July 1, 2021.
Pension increase from July 2022
west of Germany
east of Germany
Pension 2022: when will the basic pension be paid out?
“Until the end of 2021, in addition to the entitlements of retirees who are about to retire, the entitlements of those who receive social benefits such as housing benefit or basic security in old age were primarily examined.
Pensions that started before 1992 were also checked.
Since February 2022, the entitlement check of existing pensions with a pension beginning in 1992 has been carried out. By the end of 2022, all pensions will then have been called up for examination.
Here, too, the oldest years are checked first,” emphasizes the German pension insurance.
Pension: These cohorts are allowed to retire before the age of 67
Five ways to early retirement - how to make the jump before 63
This means that not all existing pensions have been recorded and assessed.
Some pensioners will therefore have to be patient.
An application does not have to be submitted, the check is carried out automatically.
Pension 2022 changes: who is entitled to the basic pension?
Pensioners are entitled if they have at least 33 years
of basic pension
However, the full rate is only available if there are at least 35 years, according to the German pension insurance.
But what is meant by basic pension periods?
The German pension insurance lists the following aspects:
Mandatory contribution times from self-employment or employment
Compulsory contribution times for care and child rearing
Periods of sickness or rehabilitation benefits
Consideration times due to child rearing and care
Replacement times are also taken into account (e.g. times of military service, prisoner of war or political imprisonment in the GDR)
It is not included in the basic pension period if contributions were paid voluntarily or if a person was unemployed and received Hartz IV, for example.
The level of income during working life also plays a role in the basic pension period.
If an employee's earnings are less than 30 percent of the average earnings in Germany, this does not count towards the basic pension period.
The upper limit is that periods are not included when average earnings were more than 80 percent above the German average.
Basic pension 2022: Which pension is there an entitlement to the supplement?
In addition to the basic pension periods, the amount of the pension and the level of
are also relevant.
Single pensioners, for example, only receive the full amount of the basic pension if their monthly income is less than 1250 euros.
In contrast, couples may not exceed an income of 1950 euros.
“If the income is above that, 60 percent of the basic pension surcharge is counted.
From a monthly income of 1600 euros or 2300 euros for married couples, it is counted at 100 percent”, according to the German pension insurance.
The pension supplement can help pensioners to make ends meet better.
But critics are already emphasizing that the basic pension of around 418 euros (as a maximum amount) is far too low.
An experiment showed that even the increased pension is often not enough for a retirement away from financial hardship.