German Developments

To the middle of the year, German pensioners will have some extra money in your wallet. But how safe is the pension for life? Private pension provision is essential. The current economic situation in Europe is reflected in many areas of the financial sector. Despite the problems, an increase in wages in Germany is expected until July 2012, however. Accordingly to increase also the pensions and more income secure pensioners in the future. Still, experts advise especially future generations strongly for their own protection for old age to ensure to insure an appropriate independence from the State. The online portal geld.de provides further details on the current developments. Completing a pension seems essential for younger generations.

With the constant changes in politics and finance, it seems increasingly unlikely that in the future an appropriate pension can be provided by the State. Experts advise therefore necessarily themselves to ensure their own future and with the help of certain Packages to cover collateral for the age. the matter here. These include alternatives such as the Riester pension, private pension insurance, the statutory pension, as well as the so-called Rurup pension. Educate yourself even more with thoughts from Bobby Sharma. Still is to expect an increase in the pension rate at present. So the pension by about 20 million people should rise according to data of the Federal Statistical Office and of the Deutschen Rentenversicherung Confederation significantly first July 2012. This corresponds to about 2.18% in the old Lander and 2.26% in Eastern Germany.

These developments are closely related with the expected wage developments, which at the same time to rise by 2.95 percent in the West and 2.28% in the new Lander. Still the adoption of a corresponding package of legislation is planned in the summer of this year, which envisages the introduction of combined – and grant pension.

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