(de-news.net) – Pension payments in Germany will be increased noticeably in the second half of 2024. According to the Federal Ministry of Labor, the adjustment in East and West is equal to 4.57 percent – for the first time after West and East pension levels had equalized in 2023. The pension value reaches 48 percent at the minimum security level. The amount of a standard pension thus exceeds the inflation rate.

Federal Labor Minister Heil (SPD) spoke of a “milestone”. With the pension package II including the new share pension, there will be continued stable values for retirement benefits.