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Germany Starts Pension Changes: Aktivrente Begins, Reform Panel Targets Mid‑2026

An extended safeguard on benefit levels points to a forecast 3.7% rise in July 2026.

Overview

  • From January 1, 2026, retirees can earn up to €2,000 per month tax‑free under the Aktivrente, which does not apply to self‑employed, freelancers, farmers, civil servants or minijobbers.
  • The government extended the 48% pension level safeguard to 2031, with a provisional July 2026 increase of about 3.7% to be finalized in spring based on wage data.
  • A 13‑member commission is in place to deliver comprehensive reform proposals by mid‑2026, setting up decisions on the system’s structure later in the year.
  • Debate focuses on options such as raising the retirement age beyond 67, tying retirement to years of contributions in a “Leistungsrente,” and possibly levying pension contributions on capital and rental income.
  • Administrative changes for 2026 include an unchanged 18.6% contribution rate, higher assessment ceilings, higher earnings limits alongside disability pensions, and pricier purchased pension points with retroactive contributions for 2025 allowed until March 31, 2026.