Retirement disclosures in Germany: how much they receive after 45 years of work



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Almost a third of full-time workers in Germany have to make ends meet with a pension of less than 1,100 euros after 45 years of work. The left (Die Linke) calls for an increase in pensions to the level of the Helmut Kohl era.

About 6.3 million full-time workers in Germany received a gross monthly salary of less than 2,650 euros in 2019. After 45 years of work, this means a gross pension of less than 1,100 euros, according to today’s newspaper article from the Funke Journalist Group.

Once the contributions have been deducted, the net pension amounts to about 1,100 euros per month. In Germany, this is roughly below the poverty line and affects certain occupational groups, such as nursing and healthcare workers, health and rescue services, postal services, couriers, midwives and salespeople. Part-time workers and the unemployed are not included in the figures.

The leader of the left-wing parliamentary group (Die Linke), Dietmar Bartz, criticized after the announcement that many workers are threatened with poverty in old age despite being full time.

“Salaries are often very low and employees receive very low pensions. It is not possible with 45 years of work with an average salary, the pension being below 1,100 euros net.” This is the opposite of recognizing the efforts of a lifetime, “the Funke newspaper told reporters, calling for higher wages and a new retirement policy.” The level of pensions must go back up to the level of the Helmut Kohl era, “he said.

Source: ΑΠΕ-ΜΠΕ

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