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How high is your pension in a Germany-wide comparison? Table provides information

2022-09-26T13:35:19.925Z


How high is your pension in a Germany-wide comparison? Table provides information Created: 09/26/2022, 15:24 By: Patricia Huber When comparing pensions, women in particular are the big losers. Our overview shows how high your pension is in a Germany-wide comparison. Wiesbaden/Munich – Women often work less than men. This is shown by the data from the Federal Statistical Office. Accordingly, th


How high is your pension in a Germany-wide comparison?

Table provides information

Created: 09/26/2022, 15:24

By: Patricia Huber

When comparing pensions, women in particular are the big losers.

Our overview shows how high your pension is in a Germany-wide comparison.

Wiesbaden/Munich – Women often work less than men.

This is shown by the data from the Federal Statistical Office.

Accordingly, the labor force participation of women in 2021 was significantly lower than that of men.

In addition, women in Germany earn an average of 18 percent less per hour than men - and that also has an impact on their future pension.

Because the more you earn, the more pension points you collect.

The pension amount is then calculated on the basis of these points.

Pension: Women in particular have little money in old age

Calculations by Bild

now also show how many fewer women really have aged

.

According to this, in 2021 men received an average net pension of 1227 euros after deducting health and nursing care insurance.

For women, on the other hand, it was only 807 euros.

Would you like to know where they are in a Germany-wide comparison?

The following tables show it.

Pension comparison women

Frightening: Almost 60 percent of German pensioners receive less than 900 euros a month.

Among men, not even 30 percent receive less.

In addition, 1.26 percent of male pension recipients receive an above-average pension of EUR 2,400 or more.

For women, this is only 0.09 percent.

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A comparison of pension levels for men

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One in six people over the age of 65 is at risk of poverty

The latest data on the risk of poverty also show how dangerous the low pensions in Germany are.

According to this, around every sixth person over the age of 65 is at risk of poverty.

The so-called poverty risk rate in this age group rose from 14.7 percent in 2018 to 17.4 percent in 2021. This is the result of an evaluation by the Federal Statistical Office at the request of the left-wing faction in the Bundestag, which the

Funke media group reported

on Sunday (September 25th ) published.

The left demanded quick help from the federal government in view of the development among older people.

“The chancellor's 'stable pensions' are a fairy tale.

Poverty in old age is exploding," said parliamentary group leader Dietmar Bartsch to the

Funke newspapers

.

In winter, an avalanche of old-age poverty threatens to roll over Germany.

The basic pension is not enough.

Bartsch reiterated his party's demand for a minimum pension of 1,200 euros.

In order to finance it, the left had already demanded in the past that all employees and members of parliament pay into the statutory pension.

(pH/AFP)

Source: merkur

All news articles on 2022-09-26

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