- More money for pensioners: largest pension increase decades to come July 1, 2022
- pension increases significantly — but for some, it also means they taxable Will
- different payout time: Not all pensioners get their money at the same time
- On annuity basis: This is how some seniors get their money later
Pensioners can wait this year: the pension will change from July 1st 5.35 percent in western Germany and 6.12 percent in eastern GermanyThis means that a pension based only on western contributions will increase from previously 1,000 euros to 1,053.50 euros. One based only on East contributions has increased from the previous 1000 euros to 1061.20 euros. there is the senior biggest increase in decades before the. But for some retirees it also means that they will do it from now on Tax office asked for payment Will. In addition, not everyone gets their money paid out at the same time.
Not paid out at the same time: When will you get the pension increase?
The pension is paid every year July 1 Salary adjusted based on growth. If wages fall, the applicable pension guarantee prevents pension benefits from falling as well. In the worst case, like last year, there are zero laps. Of catch factor This retained pension reduction must be mathematically compensated. If wages rise again, pension growth will be lower.
The Mahagathbandhan had suspended the catch-up factor and is now reinstated. That Growth independent of the catch-up factor This is due to the good development on the labor market and the associated wage growth.
It depends on when the pension is paid retirement date From: Anyone who retires by March 2004 will receive the adjusted salary at the end of June. If retirement began on or after April 2004, your account will not increase until the end of July. However, payment is automatic – You need to worry about anything.
Asked to pay: tens of thousands of pensioners have to pay taxes
Strong pension growth in 2022 pleasing, but the plus for some pensioners also means that they are now being asked to pay by the tax office. around 103,000 seniors slip after increase financial obligationThe Federal Ministry of Finance announced this in April at the request of the left in the Bundestag. all 730 million euros additional revenue The state can generate taxes from this.
It makes itself felt like this: For example, with a monthly pension of 1200 euros, about 10 percent of the income tax increase will be deducted in the future. At 1500 euros it is about 14 percent and at 2000 euros 17 percent. Comes as well high inflation And also that pensioners are exempt from relief measures such as the 300-euro energy bonus. Inflation hits retirees at the lower end of the income scale particularly hard.
be more careful: In some cases, a tax return required, pensioners are generally subject to income tax if they earn income that exceeds certain exemption limits. If you live below, you do not have to submit a tax return to the tax office. However, this can be tricky as it turns you into an unintentional tax evader more than you would like. because since Pension tax reform 2005 Pensions were raised to 15 in the old federal states and to 17 in the new federal states. Anyone who has earned an average of 45 years can do this, for example The gross standard pension increases by a good 400 euros Look Especially for pensioners who retired before 2005, this can turn out to be a tax trap. So if you are not sure, you should have a specialist examine you immediately Calculate the tax liability – In an emergency, they will also help you in negotiations with the tax office.
You might also be interested in: Here you can find out when the tax return is due and how you can easily calculate your pension tax online.
source
