Thursday, November 10, 2016

German pension insurance: old-age pensions to rise by 2017 is expected to be up to 2.0 … – FOCUS Online

last Updated on Thursday, 10.11.2016, 09:43
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pensions are likely to in the next year, a slightly smaller rise than in 2016. The German pension insurance is informed. It expects an increase of between 1.5 and 2 percent. The exact increase is in the spring.

pensioners in Germany can be expected in 2017, with a surcharge of up to 2.0 percent. The Deutsche Rentenversicherung Bund announced on Thursday in Würzburg. In order for the pensions to be set much lower than this year. With 4.25 percent in the West and 5.95 percent in the East, rising in the middle of the year, since 23 years. However, the former increases were also due to one-off effects of pension development by a changeover of the National accounts.

the President of The Federal pension insurance, Axel Reimann, said the exact adjustment of rates would be only in the spring. He gave the expected range of 1.5 to 2.0 percent. The level of pensions will increase according to his words, in 2017, is expected to continue slightly to 48.2 percent. Already in 2016 the Rate will be increased, according to data from the social Minister Andrea Nahles (SPD) slightly to 48 percent. Prior to that, she was 47.8 percent.

The main reason for the longer-term favorable Pension trends, especially the good employment situation. As the Chairman of the Board of the Federal pension insurance, Annelie colorful Bach, explained that the adjustments of the past ten years under the wage development remained, but was higher than the rate of inflation. While consumer prices have risen since then by about 12.2 percent, would submit to the pensions in the old countries by 15.9 percent and in the new by more than 24 percent.

wages are likely to continue

According to Reimann’s an increase in the Per head will increase for 2017-wages of 2.5 per cent, and for 2018, a 2.4 per cent. In the following years, he is then at plus 2.9 percent.

Minister of social Affairs Nahles, has already referred to previously with reference to the latest Figures from the pension insurance report that sun in the forecast of pension levels in 2020 47.9 percent and by 2030, at 44.5 percent, well above the legally fixed hedging objectives. Thanks to the good labour market situation, the rate of contribution will stay until 2021 stable at 18.7 per cent.

The level of pensions represents the ratio of the standard pension for a year to the average earnings of the contributor in the same year, expressed as a percentage.

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