Retirees Receive Less Compared to Working People - Retirees Receive Less Compared to Working People
The income gap between retirees and working-age people in Germany continues to grow, despite rising pension payments. In 2024, the average net income for retirees stood at €26,723, while those still working earned €37,243—a difference of €10,520. The Sahra Wagenknecht Alliance (BSW) has now proposed a solution: making pension contributions mandatory for all professional groups, including politicians and civil servants.
The disparity has steadily increased over recent years. In 2023, the gap was €9,638, up from €8,551 in 2022. These figures do not factor in inflation, which has further eroded retirees’ purchasing power.
The BSW argues that expanding the statutory pension insurance fund to cover all professions would create a fairer system. By broadening the contribution base, the party believes old-age poverty could be reduced. Their proposal specifically targets members of parliament, who currently do not pay into the standard pension scheme. According to the BSW, a more inclusive approach would strengthen solidarity across generations. The party insists that without reform, the financial divide between retirees and workers will keep widening.
The BSW’s plan aims to close the income gap by requiring mandatory pension contributions from all professional groups. If implemented, the reform would reshape how pensions are funded and distributed. The proposal now faces political debate as policymakers consider its feasibility and impact.
