pensions is set to rise in 2019. The corresponding pension insurance report was approved by the Federal Cabinet now. 1. July 2019, it is expected, therefore, a pension increase of 3.18 per cent in West Germany and 3.91 per cent in Eastern Germany. Definitively established the pension plus will be available in the coming year.
Also for the subsequent years of significant pension increases are to be expected. Up to the year 2032, the pension will increase by a total of around 38 percent, the report says. This corresponds to an average growth rate of 2.5 percent per year. Already to July of this year, there had been a significant increase of 3.22 per cent in West Germany and 3,37 percent in Eastern Germany.
According to the will of the Federal government, the pension level and contribution level in the coming years to remain stable. The Federal labour Minister referred to the retirement package approved double stop line. The pension level should not fall, therefore, by 2025, 48 percent of the contributions are not more than 20 percent. “All of this brings reliability to the statutory pension,” said Hubertus Heil (SPD).
the rule is Currently age limit at 65 years and seven months. You will be increased step by step. Until 1964, Born in the controversial retirement age of 67; she can be reached in 2031. The Federal government keeps this in 2007, decided step, still for “necessary and reasonable”. The gradual increase over a long period of time to prevent an Overload of employees and enterprises.
There are more and more workers are also working with over 60 years of age. According to the findings of the Federal government, the number of 60 increased – to 64-year-olds employed in Germany since 2000, stronger than in all other EU countries, from 20 percent to 58 percent in the year 2017. The number of employees in this age group rose in the period by around 1.5 million to 2.1 million.
employers insist that even more older Workers working, and to demand incentive programs. Due to demographics, rising life expectancy and the shortage of skilled workers, the consistent implementation of the pension belong with 67 on the agenda, said the Director General of the employers ‘ Association BDA, Steffen Kampeter.
The unions see it differently. Hans-Jürgen Urban, Executive Board member of IG Metall, said the pension with 67 pass, the reality of most people. Many did not expect to be able to at all up to the age of 67 years in the Job.