Pension: Almost every second pension is less than 800 euros – the impending poverty in old age



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Almost every second retirement pension in Germany is according to a press report of less than 800 euros a month. This has reported the editorial network newspapers in Germany, citing a response from the Federal Ministry of Labor to a request from the faction of the left Bundestag.

About 8.6 million pensioners received at the end of 2016, so a pension of less than 800 euros per month – a share of 48%.

The Department pointed out that pension levels in themselves provide only limited indications of the income situation in old age. The reason is that other income would not be taken into account, like those of other household members.

According to the report, the figures refer to pensions according to social security contributions but before deduction of taxes. Data for 2017 was therefore not yet available.

The left is worried. "The figures show that even today, a large portion of legal pensions have a threshold below the at-risk-of-poverty threshold and even below the basic security threshold," Sabine Zimmermann said. pension expert

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