July 4, 2022
A total of 21.9 million people in Germany received benefits to the amount of roughly 350 billion euros from statutory, private or company pension schemes in 2021. The Federal Statistical Office (Destatis) reports that this was an increase of 0.6%, or 127,000 pension recipients, on a year earlier. The amount of pensions paid increased by 2.5%, or 8.5 billion euros, in the same period. Just under 65% of the pension benefits in 2021 were considered taxable income (227 billion euros). Compared with 2015, the average taxable share increased by 9.7 percentage points.
Source: DESTATIS
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