German pensions to rise by 4,24 percent in July
The German government has announced that statutory pension payments will increase by 4,24 percent from July 1, 2026. The increase, which will benefit around 21 million pensioners in Germany, is slightly higher than a prognosis increase issued in the autumn. According to the Federal Labour Ministry, this will increase the current pension value (aktueller Rentenwert) from 40,79 euros to 42,52 euros. Why is this figure significant? The German pension system is points-based. A year’s contributions at the average earnings of all contributors earns you one “pension point”...
