Service Navigation

Homepage

Monthly Report: When insurees retire and how pension benefit reductions and increases could be determined

17.06.2025

Population developments are posing challenges for the German labour market and government finances. The scale of these challenges depends on how long people work and when they retire. This issue is addressed in the Bundesbank’s current Monthly Report. It analyses when people covered by the statutory pension insurance scheme (insurees) retire and discusses what might boost employment. The report also shows how reductions and increases for early or late retirement could be determined.

Monthly Report: When insurees retire and how pension benefit reductions and increases could be determined
Business team sitting in circle during strategy meeting, focus on senior businessman in center. ©Seventyfour – stock.adobe.com

Harmonised index of consumer prices / Germany / Unadjusted figure / Overall index /

Prozent
−101234567891011122004200520062007200820092010201120122013201420152016201720182019202020212022202320242025

Current interest rates

Euro foreign exchange reference rate of the ECB / EUR 1 = USD ... / United States

USD
1.1101.1151.1201.1251.1301.1351.1401.1451.1501.1551.1601.1651.1701.1751.1801.1852025-052025-062025-07