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ROUNDUP / Kreise: Pensions are expected to rise by more than 5 percent

Tuesday, 11/02/2021 6:14 PM from

dpa-AFX

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Pension (symbolic image). pixabay.com

BERLIN (dpa-AFX) – The around 21 million pensioners in Germany can expect a significant increase in their salaries in the coming year. According to official estimates, pensions in western Germany will rise by 5.2 percent and in the east by 5.9 percent in July, according to information from the German Press Agency from the draft pension insurance report 2021. The German pension insurance wants to inform the public this Wednesday about the expected pension adjustment and its financial situation.


This means that pensions in West Germany are likely to rise more sharply than they have been in almost 40 years. In 1983 there was an increase of 5.59 percent. In eastern Germany, pensions last rose in 2016 with an increase of 5.95 percent, comparable to that in 2022. This year, the corona pandemic brought pensioners a significant increase. In the west there was a zero round, in east Germany an increase of 0.72 percent.

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