Overview
- The internal Rentenversicherungsbericht projects a 3.73% adjustment from 1 July 2026, with the final rate to be set in spring based on confirmed wage data.
- The draft incorporates the coalition’s plan to secure a 48% pension level through 2031 and to expand the Mütterrente from 2027, with long‑term costs for the latter put at about €62.7 billion through 2039 and roughly €5 billion annually.
- Employers and economic institutes urge pausing the Mütterrente due to weak growth, while CSU and SPD leaders defend the measure as a fairness step for parents of pre‑1992 children.
- The report sketches a more favorable contribution path, keeping the rate at 18.6% until 2028 before rising to 19.8% and reaching 20.1% by 2030 and 21.2% by 2039.
- The Aktivrente is set to begin on 1 January 2026 with up to €2,000 a month tax‑free earnings for employed retirees who still owe health and long‑term care contributions, and a 1 December 2025 technical change will fold a separate pension top‑up into monthly payments that may reduce some survivor benefits through income counting.