As of: February 2, 2024, 4:55 a.m
By: Lisa Mayerhofer
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2024 has not only brought some changes to pensions in January.
In February, pension payments arrive in the account later than usual.
Berlin – With the new year there have been some changes for pensioners – for example in taxes and additional earnings.
There is also a change that affects pension payments for February.
These end up in the account later than usual.
The reason for this is the leap year.
With the new year, there have been some changes for pensioners - for example in taxes and additional earnings.
(Symbolic image) © Michael Gstettenbauer/Imago
Pension payment in February: Leap year postpones payment date
Every four years in Germany there is a leap year with 366 instead of 365 days.
The additional day is always February 29th.
In 2024 it will be that time again - and will then also affect pension payments, which in most cases are paid out at the end of the month.
Due to the additional day in February, this is postponed once - by one day.
An exception are pensions, which are paid out in advance.
All pensioners who retired by March 2004 will receive this.
You will receive the pension for February on January 31, 2024. But all people who have retired or will retire since April 2004 will receive the arrears pension, i.e. at the end of the month.
Payment date for arrears pensions in February 2024:
Thursday,
02/29/2024
Retirement: 2024 brings many changes
With the new year there are many changes for retirees.
Among other things, people who receive a pension due to incapacity have been allowed to earn more since January 1, 2024.
In addition, new pensioners have to pay tax on a higher proportion of their pension.
Something is also happening with the age limits: the regular retirement age will rise to 66 at the beginning of the year.
This applies to insured persons who were born in 1958.
For those born later, the entry age continues to increase in 2-month increments.
The regular age limit of 67 will be reached in 2031.
The age limit also increases for the zero-deduction pension for those insured for at least 45 years (known as “pension from 63”) – namely to 64 years and 4 months for those born in 1960.
For those born later, the entry age will increase to 65 by 2029.