Pension: every second new pensioner at the poverty line

Reading time 3 minutesThe figures speak a clear language: in 2023, the average net pension for people with at least 35 years of contributions was just 1.425 euros per month. This is just above the threshold of poverty risk – currently around 1.250 euros. According to German pension insurance, this affects more than half of all new pensioners in Germany – 58 percent in fact. An alarming signal. 35 years of work – and yet it is hardly enough to li…