Almost a 4th of German pensioners had little than EUR 1500 per period at their disposal in 2024. It was informed by the national Statistical Office in Wiesbaden in consequence to the question of the BSW Sahry Wagenknecht party.
Isn't that money adequate to survive? The answer is difficult. Finally, according to experts, not only the amount of the pension is decisive, but besides the individual situation.
Poverty line
Almost a 4th of the pensioners in Germany live for little than €1,500 per month, according to an analysis by the national Statistical Office, which he made available "Bild am Sonntag". This figure is close to the statistical poorness line, which, according to the EU and OECD, amounts to EUR 1378 net per period in Germany. Data collected the Sahra Wagenknecht Alliance.
According to the analysis, 1.35 million pensioners (7.4 percent) had net income little than EUR 1100 per individual last year. household income is compared by a peculiar formula. In 2022, the figure was 1.79 million (10 percent), or 440 1000 more. Almost a 4th of pensioners (23.4%) in Germany had up to EUR 1500 per period in 2024. In 2022 it was almost 29.6% of pensioners.
By comparison, in 2024 4.4 million pensioners (24.4 percent) lived from net income of between 1500 and 2000 euro per period and over half (51.8 percent or 9.5 million) for more than 2000 euro per month.
"Fat" versus "They're better off anyway"
BSW organization president Sahra Wagenknecht criticised the situation in which a advanced proportion of pensioners in Germany inactive have limited financial resources in their old age. "If almost a 4th of pensioners proceed to live on or below the poorness line, this is simply a sad evidence to our country," she said in an interview with "Bild am Sonntag".
However, another conclusion was reached by the pension expert Bernd Raffelhueschen. In a comment for the same newspaper, he stated that pensioners in Germany are in a better financial position than those of another age groups. "Low income, single and child-raising people are far more susceptible to poorness and at a lower level than pensioners," he added.
On the another hand, the better situation of elder citizens in Germany is linked to their advanced average interest income and that they are frequently property owners: "Someone who lives in his own home in old age has a naturally much higher standard of surviving than individual who pays advanced rent or has to spend 1 3rd of his income on interest on mortgages".
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