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News for pensioners in March: payment date and certainty about pension increases

2024-02-28T07:13:57.398Z

Highlights: News for pensioners in March: payment date and certainty about pension increases. As of: February 28, 2024, 7:57 a.m By: Marvin K. Hoffmann CommentsPressSplit In March, pensioners can look forward to certainty about the upcoming pension increase. But there is also news that is not so good in 2024. It's not just about pensions, but also about Netflix and more money for millions of employees - and that's not all the innovations and changes in March 2024.



As of: February 28, 2024, 7:57 a.m

By: Marvin K. Hoffmann

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Press

Split

In March, pensioners can look forward to certainty about the upcoming pension increase.

But there is also news that is not so good in 2024.

Hamm – Pensioners had to come to terms with some changes right from the start in 2024.

Among other things, the deduction for “pensions for long-term insured people” was increased.

In February, the leap year also meant that the pension was paid out a little later.

But March also brings with it a few new things for all retired people.

Probably the most important thing: There will be certainty as to by what percentage the pensions will be increased.

News for pensioners in March: payment date and certainty in the event of a pension increase

First of all, pensioners will probably have a little less money in their pockets from March onwards.

The reason: increasing additional contributions from many health insurance companies.

Anyone who is already gasping for breath and sees themselves slipping into old age poverty can calm down again - it's usually only a matter of a few euros per month.

However, this could still hit some pensioners hard financially.

After all, not everyone has a lot of money lying around or can make ends meet in old age - pensioners across Germany have to accept differences anyway.

Certainty when pension increases

Another innovation ensures that there is a little more money in the account at the end of the month when you retire.

This will not come into effect in March.

We are of course talking about the upcoming pension increase in 2024.

Many pensioners have been wondering for a long time how much more money there is.

The answer to that will now be available in March.

The increase will then only take place in July.

Current estimates of pension increases assume an increase of 3.5 percent.

But there are also experts who expect an even greater increase in pensions.

It remains to be seen – there should be certainty at the end of March.

Favorable payment date for pensions in March 2024

Another piece of news in March also has to do with the account balance of retirees: specifically, it concerns the payment date.

The payment of the statutory pension in Germany, which will soon also affect those born in 1960, takes place according to a simple deadline rule.

The money is always paid out or transferred to the account on the last banking day of the month.

This will lead to a real curiosity in 2024: pensioners will receive money earlier than they have in more than ten years.

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In general, March 2024 will bring many smaller and larger changes and new regulations this year that will have consequences for many people in Germany.

It's not just about pensions, but also about Netflix and more money for millions of employees - and that's not all the innovations and changes in March 2024, as

wa.de

reports.

Source: merkur

All news articles on 2024-02-28

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