The largest increase in pensions for 23 years – FAZ – Frankfurter Allgemeine Zeitung

compensation for the 20 million pensioners in Germany increased by an average of around 5 percent.

The pensions in Germany rise this Friday as strong as 23 years no longer: turn of the month get the pensioners in the west to 4.25 percent higher wages. In the east, the pension increases by as much as 5.95 percent.

The main reason of this extraordinary increase in pensions is the good employment situation and the resulting revenue lush pension fund. However, other factors play a role, including a one-off statistical effect.

What will happen to the pension? – Our Topics page for great debate

The CEO of pension, Alexander Gunkel, said the standard pension in the East will catch up with this pension adjustment compared with the standard pension in the west on.. The distance would be reduced by 7.4 percent in the second half of 2015 to 5.9 percent in the second half 2016, however.

A complete harmonization was not so accomplished, so Gunkel on. Raising the pension value in the East to the current pension value in the West corresponds to an annual volume of almost 3.5 billion euros, he calculated before. Spending on health insurance for retirees are taken into account. The Federal Ministry of Social Affairs will soon present a report on the harmonization of Eastern and Western pensions.

In Germany in the spring of a new pension debate had broken out. Leading Regierungsmitlieder as labor minister Andrea Nahles (SPD) and CSU chief Horst Seehofer they brought in transition, inter alia, criticism of the so-called Riester pension. Meanwhile work Nahles and the CSU to new pension reform packages that are well presented by the autumn.

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Federal Finance Minister Wolfgang Schäuble and the Young Union promoted this for the future to link the retirement age to life expectancy automatically – as people get older, they can also occur later in retirement. The economists of the International Monetary Fund maintain in Germany makes sense.

The contrast social VdK Germany called for a correction of the pension policy in a different direction. “Via the unmistakable trend towards Altersarmut hide not the large increase” VdK-President Ulrike Mascher said: “It must be ensured that the state pension is after many years of full timely employment well above the basic security level.” Is also important that the pension fees of a maximum 10.8 percent will be abolished for acquisition mitigation pensioners. Many of them have too little to live.

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