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In 2003, the then red-green federal government passed the Agenda 2010. In the course of this, the payment of pensions was moved from the beginning of the month to the end of the month. In doing so, the government wanted to save 750 million euros per year. However, the new regulation only applied to future pensioners. Those who had already retired in 2003 received their pension, as usual, at the beginning of the month.
If you want to understand what you can expect from the german state pension than you can calculate it accurately with our mobile app.
You can also simulate any potential investments in the app that you could make to supplement the state pension.