Government: overwhelming number of pensioners “well provided for

government: overwhelming number of pensioners

According to the study, married couples and single people aged 65 or older have an average household income of 1818 euros net per month. According to the report, however, there are major differences. Single women in this age group tend to have less money to spend, averaging 1292 euros. For single men it is already 1560 euro, for married couples even 2433 euro.

The study, which is conducted by the federal ministry of labor every four years, was sent to the other ministries for approval at the beginning of the week, writes the newspaper. The government document shows that the statutory pension is still the most important means of providing for the elderly. However, around half of the 65-plus generation already benefits from company or private pension plans.

The report also warns of increasing poverty among the elderly. At present, however, only 2.5 percent of people over the age of 65 have to live on the state's basic old-age pension scheme. Labor minister ursula von der leyen (CDU) fears that the rate will grow significantly if the government does not take action. She wants to protect low earners and self-employed people more in the future. How this should best be done is disputed in the black-yellow coalition.

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