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Inequalities in the pension system: half of retirees earn below the SMI

Summary by El Debate
In March, the average retirement pension — representing 64% of the total — stood at EUR 1,502.16, but the distribution is complex.
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In March, the average retirement pension — representing 64% of the total — stood at EUR 1,502.16, but the distribution is complex.

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"The pension plans of Friedrich Merz and the SPD are mockery for the 3.5 million pensioners at risk of poverty, as well as the 16 million employees who are facing a poverty pension of less than 1,200 euros in the current pension system," explains Sahra Wagenknecht (BSW). What the SPD celebrates as the success of negotiations and "stabilization" of the pension means nothing more than a stabilization of old age poverty in Germany. Instead of ensur…

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Lokalkompass broke the news in on Thursday, April 17, 2025.
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