Background of the Demand
The Social Association of Germany (SoVD) demands timely measures for the stabilization of pension levels, particularly with regard to the upcoming pension increase of 3.74 percent on July 1, 2025. One earnings point will then be worth 40.79 euros, compared to the previous 39.32 euros. This adjustment is especially significant for people with small pensions as it provides financial planning security.
Impact on Pension Policy
The stabilization of the pension level is essential because the existing safety line that protects the pension level is expiring. Without this, there could be lower pension increases, which would particularly hit retirees with low incomes hard. Pension adjustment is strongly tied to wage development and offers long-term planning security.
Impact on Savers and Investors
Not only retirees benefit from stable pensions, but also savers and investors. A reliable pension policy supports investment decisions and affects private retirement savings. If the statutory pension is stable, this could reduce investment in private pension insurance.
The SoVD’s demand for stabilization of pension levels is thus of importance to various financial actors.