Germans Do without Money: Early Retirement Discounts Rise Significantly
4 Articles
4 Articles
Between 2020 and 2025, around 30 per cent of Germans are already early retirement and are losing their jobs. In this period, early retirement reductions increase by more than 50 per cent.
If you retire before your regular age, you will receive a fixed percentage. In euros, however, this discount has increased by 57 percent within five years.
The Germans are increasingly accepting high pension reductions in order to retire prematurely. Last year, the average reduction for early retirement pensions was EUR 162 in the month - 2020, an average of EUR 103. This is an increase of a good 57 percent. This is evident from the Federal Ministry of Labour's answer to a written question from the left-wing party, which is available to the RedaktionsNetzwerk Deutschland (RND). {/mprestriction} A c…
Four years earlier you retire and accept 14.4 percent discount: This bill can be significantly higher in practice: If you stop working sooner at the same time, you will lack pension rights compared to the regular age limit. Thus, for example, your pension can be almost 23 percent below the regular age pension. The decisive factor is what amount you compare: the entitlements acquired up to the early retirement date or the higher pension that you …
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