Almost every other retirement pension in Germany amounts to less than 800 euros a month. These figures emerged from the response by the Federal Ministry of Labour to a request by MP Sabine Zimmermann.
In 2016, around 8.6 million pensioners received a pension below 800 euros per month. That equates to 48 percent. A good 11.3 million, or 62 percent, of pensioners received less than 1000 euros on retirement pensions.
The figures refer to pensions according to social security contributions, but before deduction of taxes. Data for 2017 is not yet available.
Zimmermann is alarmed by the numbers. “The figures show that today, a large proportion of pensioners receive pensions below the at-risk-of-poverty threshold and even below the basic security threshold,” she tells Redaktions Netzwerk Deutschland (RND).
“Looking ahead, these amounts are worrying. The prospects of future generations of pensioners will look different from today’s retirees. For many retirees, slipping into poverty is currently prevented by securing a spouse or a good occupational pension. These forms of protection are becoming increasingly rare,” she adds.
Meanwhile Germany spends dozens of billions on migrants. In 2016 the country spent 20 billion on them and it announced two months ago that it expects to spend around 78 billion euros on migration-related issues through 2022.