Pensions increased from 2010 to 2018, much stronger than prices

Since the year of 2010, the old-age pensions rose by an average of 740 euros a month to 906 euros (2018). The editorial network Germany (RND) reported, citing d

Pensions increased from 2010 to 2018, much stronger than prices

Since the year of 2010, the old-age pensions rose by an average of 740 euros a month to 906 euros (2018). The editorial network Germany (RND) reported, citing data of the Federal Ministry of labour and pension insurance, which were evaluated by the Left-politician Sabine Zimmermann. The price level climbed, according to the Ministry of labour at the same time, 11.4 percent.

In the decade earlier, much lower pension increases in the

In the first decade of the century was, according to the contrary. Between 2000 and 2010, the amount of old-age pensions rose by six per cent, the prices climbed, however, by 16.6 percent. Considering the entire period from 2000 to 2018, both values are almost equal: the increase in the average number of the amount at 30 per cent, of the price level at 29.9 percent. PDF Everything you need to know about your pension

Our PDF guide explains on 100 pages the answers to all the important questions around the topic of retirement. Plus 58 Pages Of Forms.

PDF guide

more and more pensioners are subject to tax

The increase in pensions will lead to more and more seniors tax obligation. Who amount of 9168 Euro exceeds the basic exemption, you must pay a part of his pension to the Treasury. In the year 2020, the basic increases free amount on 9408 Euro. However, professional people expect that the pensions from 1. July 2020 to three percent.

in Spite of strong growth: the Left-politician, higher pensions

calls for "There is no reason for the Federal government, the stronger the pension increases of the last years of rest is definitely. These were no political merit, but only the strong stimulus due to,“ said the social expert carpenter of the RND. The state pension needs to be strengthened, inter alia by raising the retirement level to 53 percent, she said. Reduction factors should be deleted, also, the pension to be abolished from 67. So much money you get at the age click Here for pensions calculator contribution years gone: Why your pension information FOCUS Online contribution should check years gone: Why your pension information

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Updated Date: 01 January 2020, 01:01

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