Plans change significantly: Suddenly, fewer people will get the basic pension

Fewer people with small pensions than originally planned are expected to benefit from the proposed basic pension. In the introduction to the year 2021 it is exp

Plans change significantly: Suddenly, fewer people will get the basic pension

Fewer people with small pensions than originally planned are expected to benefit from the proposed basic pension. In the introduction to the year 2021 it is expected to be 1.3 million people - most recently, the Federal Ministry of labour was assumed to be 1.4 million. On the pension administration is likely to face a cost of several hundred million euros. This is one of the draft, which is present the German press Agency in Berlin.

The design has been changed in the course of internal votes in the Federal government in the last days. His original draft had been sent to the Ministry of labour in January in the government vote. The Union was not in agreement. The Changes are based on an agreement of the Minister of labour, Hubertus Heil (SPD), and Minister of health, Jens Spahn (CDU) from the beginning of the month. This Wednesday, the Federal Cabinet is to decide the basic pension.

Second income threshold

The full impact only those whose monthly income as a retiree at a maximum of 1250 Euro for a single person and $ 1950 for couples get. Income in excess of this limit shall be counted to 60 percent to the basic pension. At 1300 Euro income for a Single 50 Euro would contribute 60 percent of the basic pension would be 30 Euro lower. Everything you 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

New in comparison to the original draft, a second income threshold: the income at more than 1600 euros and 2300 euros, it is to be credited with the full 100 percent to the basic pension Supplement. A married couple, for example, 2400 Euro of income, the basic pension is reduced by 100 Euro.

For the examination, whether people who already receive a pension, shall also receive the premium by the basic pension, estimated design costs in the amount of 74.8 million euros. For the expenditure of the pension insurance scheme the Federal government is going to pay. 640 Employees will have to do so in the case of the pension for a year. The verification of foreign income for existing pensioners, which can not be automatically adjusted to the cost of 75.9 million euros. For this purpose, 650 workers will be for a year long need. Further Items in the compliance costs of the pension insurance according to the draft.

cost: 1,30 billion Euro.

also samples at the Federal Central tax office and query it with the credit institutions are Provided. To check whether beneficiaries of the basic pension have been made as prescribed are actually sufficient information to capital gains, which are not already included in taxable income. Retirement at 63: How does it work? Our PDF guide shows you how you can retire early can go and still have the full amount received.To the PDF guide

The cost of the basic pension for the Federal budget are estimates for the start of the year to 1.30, instead of as in the draft from January to 1.39 billion euros. Thus, the basic pension is calculated at an average of approximately 83 euros per month.

"Unfair, impractical, and potentially unconstitutional,"

"a Total of approximately 5 percent of the insured pensions to be increased on a basic pension, while the proportion for men is around 3 percent, and for women around 7 percent," says the draft. "About three-quarters of the Beneficiaries live in the old, and about a quarter in the new Federal States."

the basic pension you should obtain in minimum pensions from 33 years of pension contributions from employment, child-rearing or care-giving. The contract will initially be staggered, and at 35 years of contribution and the full height of achieve. The contributions must correspond to a value between 30 and 80 percent of the average income. In the past year, the 972 to 2593 euros gross.

FDP General Secretary Linda Teuteberg criticized the basic pension as "unjust, impractical, and potentially unconstitutional". Because even small changes in the coalition poker changed nothing.

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Between the lines shows Söder in the TV clearly what he thinks of Merz, FOCUS Online/Wochit Between the lines shows Söder TV clear what he thinks of Merz

cvh/dpa
Date Of Update: 17 February 2020, 20:00
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