all of those with at least 33 years of contributions for employment, education, or maintenance Benefit. In the start of the year 2021, the basic pension will cost taxpayers 1.3 billion euros. An income test is intended to ensure that only people receiving the Supplement, in need of him.

Who gets the basic pension from 2021 onwards?

low-income earners should get the agreement that after 33 years, basic pension times a Supplement to the pension, after 35 years, the full amount. The basic pension at the same time, in which compulsory contributions from employment, child-rearing, or care work have been paid. According to the SPD, more than 1.5 million people will benefit from the new rules.

What income is counted?

For a single person applies, that income will not be counted under 1250 euros, for couples it is $ 1950. Above this income will contribute 60 percent to the basic pension. Only in the case of more than 1600 euros and 2300 euros, the income is taken into account fully.

Potential capital gains are taken into account in the Income assessment comprehensive. You need to be notified to the pension scheme in full, this may check then.

the level of basic pension will be?

According to the calculations of the Ministry of labour can achieve a low-wage earners with 35 years of ground-rent times, under certain conditions, a Supplement of up to 404,86 Euro. Content check: The gross-to-net calculator 2020, much net is left for them by the gross

low apply for income earners, the basic pension?

no. Who is entitled to the basic pension, is to be determined by means of an automatic data reconciliation with the tax authorities.

what are the costs and how the basic pension is financed?

healing estimated the cost for the initial year of 2021 to EUR 1.4 billion. Funds of the annuity insurance shall not be expended for the taxpayer funding is planned. The SPD wants to pull the planned financial transaction tax approach. Due to disagreements with other EU States to their introduction, however, is still uncertain. FOCUS Online provides you daily with the most important messages directly from the editors. Here you can subscribe to the Newsletter easily and free of charge.

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pnh/dpa Date Of Update: 19 February 2020, 12:00