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Pension in comparison: This is how much Germany's pensioners receive on average

2023-01-25T17:33:09.557Z


When it comes to pension levels in Germany, there are major differences, particularly between men and women. Who gets how much on average at a glance.


When it comes to pension levels in Germany, there are major differences, particularly between men and women.

Who gets how much on average at a glance.

Munich – Retirement is associated with a major concern for many employees: poverty in old age.

According to the Federal Ministry of Social Affairs, one in five retirees currently has a pension of less than 500 euros a month.

Their situation has now been exacerbated by rising electricity and gas costs and high inflation.

Pension: This is how much German seniors receive on average

But how much money do German pensioners have on average per month?

In 2021, the German pension insurance paid out around 858,000 new old-age pensions, including old-age pensions for long-term insured persons.

Differences in the monthly payment can be found above all between women and men and between the old and the new federal states.

In comparison, people who were insured for a particularly long time – i.e. with at least 45 years of contributions – received significantly more money.

Average pension of women and men 2021

Old states

Women: 809 euros, men: 1218 euros

New federal states

Women: 1070 euros, men: 1141 euros

Statistics of the German pension insurance (as of June 30, 2022)

Men in the old federal states received an average of EUR 1,664 after 45 years of contributions, while women received EUR 1,220.

In the new federal states, men received an average of 1350 euros and women 1286 euros.

Pension: Women in particular lack insurance years

If you look at the average number of years of contributions, it quickly becomes clear that far from all retirees reach 45 years of insurance.

In particular, women from the old federal states were furthest away from this on average in 2021.

The reason why women in western and eastern Germany receive lower pensions on average and have shorter contribution periods is mostly due to starting a family.

gender

Contribution years on average

Men (old federal states)

40.68 years

women (old federal states)

28.59 years

men (new federal states)

44.39 years

women (new federal states)

41.63 years

Statistics of the German pension insurance (as of June 30, 2022)

"Our results suggest that starting a family is the main factor influencing the difference in pensions, although not the only one," economist Alexandra Niessen-Ruenzi told the 

editorial network Germany (RND).

(ph)

List of rubrics: © Michael Gstettenbauer/imago

Source: merkur

All news articles on 2023-01-25

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