According to initial calculations by the federal government, the salaries of around 21 million pensioners in Germany could increase by 3.51 percent by July 1st next year. This emerges from media reports that refer to the draft pension insurance report, which was available to the news agencies Reuters and dpa on Friday. This means that the pension adjustment would be significantly higher than the expected rate of price increase. However, these are only preliminary calculations. The specific increase will not be determined until spring, when all data on wage developments are available. This year pensions rose by 4.57 percent.
