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3mo ago

Germany Enacts Broad July Reforms to Pensions, Care Wages and Tax Deadlines

Alleviating inflation-driven strains on pensions, the new measures reset benefits, overhaul care service pay, normalize tax deadlines.

Im Juli gibt es mehr Geld für viele Gruppen, wie Rentner, Bundestagsabgeordnete und Pflegekräfte (Symbolbild)
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Overview

  • Statutory pensions for roughly 21 million recipients increase by 3.74%, lifting benefits by about €66 on average.
  • The compensation pension for former DDR political prisoners increases by €70 to €400 monthly and will be tied to future pension adjustments.
  • Minimum hourly wages in elder care climb to €20.50 for specialists, €17.35 for qualified aides and €16.10 for assistants.
  • Family caregivers gain a unified annual budget of €3,539 for respite and short-term care, with no prior six-month care requirement to qualify.
  • Tax deadlines for 2024 filings revert to July 31, 2025, or April 30, 2026 with professional support, and MPs’ monthly allowances rise by 5.4% to €11,834.