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Pensions increase by more than three percent

From July, are to increase the benefits to be felt. The some 20 million pensioners will receive in the West about three percent more money in the East is almost four percent. Annual cost of step: approximately eleven billion euros.

The 20 million pensioners in Germany from the middle of the year, significantly more money. In West Germany, payments increase to 1. July to 3.18 per cent, in the East, even to 3,91 percent. The Federal Cabinet approved a corresponding regulation of the Ministry of social Affairs.

With the increase in the Ostrenten continued to approach the Western references. The pension value in the East, rising to 96.5 percent of the Western value. Up to the year 2024, he will be raised on the basis of a legal requirement by 2017 progressively to 100 percent.

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