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Money Basic pension to be adopted at the end of the week

14:45  30 june  2020
14:45  30 june  2020 Source:   ksta.de

SPD relies on basic pension before summer break

 SPD relies on basic pension before summer break © Reuters / MICHAELA REHLE Bavarian state election 2018 Berlin (Reuters) - The SPD is giving the go-ahead for the controversial basic pension for low-wage earners until the beginning of July. "The schedule is goodbye before the parliamentary summer break," said SPD parliamentary group leader Katja Mast in Berlin on Tuesday. She is confident that this will succeed. With the coalition partner Union, "intensive talks" would take place this week and probably also in the coming week.

How to claim the basic State Pension and how it's calculated - for men born before 6 April 1951 and women born before 6 April 1953. If you deferred your State Pension , you’ll get your first payment at the end of the first full week in which you want to start getting your pension .

To get the full basic State Pension you need a total of 30 qualifying years of National Insurance contributions or credits. This means you were either If you’re not eligible for a basic State Pension or you’re not getting the full amount, you might qualify for a ‘top up’ to £80.45 per week through your

After a long dispute, the Bundestag is supposed to adopt the better coalition of lower pensions planned by the grand coalition by the end of the week.

Seniorinnen mit Gehstöcken. © Photo: picture alliance / dpa senior citizens with walking sticks.

Although the financing of the so-called basic pension is not yet satisfactory, the Union wants to agree, CSU regional group leader Alexander Dobrindt made clear on Tuesday in Berlin. It is about creating security for the pensioners concerned.

For this reason, one accepts that the financing comes from the federal budget as long as there are no other financing options, said Dobrindt. SPD parliamentary group leader Katja Mast emphasized that the SPD had kept its word: the basic pension would be decided on Thursday in the Bundestag. The Federal Council could also agree on Friday before the summer break.

Good for retirement: Report a search for an apprenticeship position

 Good for retirement: Report a search for an apprenticeship position Anyone who is still looking for a suitable apprenticeship position can get credit periods in the statutory pension insurance scheme. For this, the search for training must be reported to the employment agency, as the German Pension Insurance Federation in Berlin reports. © Photo: Carsten Rehder / dpa / dpa-tmn Those who are still looking for the right apprenticeship can get credit periods in the statutory pension insurance. Young people between the ages of 17 and 25 can receive these credits.

Your new State Pension is more likely to be calculated in this way if you were born after the year 2000 or became a resident of the UK after 2015. The new State Pension increases each year by whichever is the highest: earnings – the average percentage growth in wages (in Great Britain).

How to claim the basic State Pension and how it's calculated - for men born before 6 April 1951 and women born before 6 April 1953. The most you can currently get is £134.25 per week . The basic State Pension increases every year by whichever is the highest of the following

The law on basic pension should start on January 1, 2021. This is intended to improve the pensions of around 1.3 million people with small salaries. The costs are estimated at 1.3 to 1.6 billion euros per year.

In the Union, people were upset that the basic pension should be financed through a tax on financial transactions, but its introduction at the European level is stalling. The Union had recently also requested that the project be postponed or put on hold due to the financial burdens of the Corona crisis.

The beneficiaries should automatically receive the basic pension like the regular pension. According to Mast, the first money should only flow in July 2021 due to the administrative challenge - but then retrospectively to January.

Deutsche Bank has to offer a cheaper basic account

 Deutsche Bank has to offer a cheaper basic account Karlsruhe. The Federal Court of Justice protects users of a so-called basic account for low-income people from excessive fees. Deutsche Bank may no longer offer its basic account for EUR 8.99 a month as before. © Arne Dedert The headquarters of Deutsche Bank in Frankfurt. According to the law, the costs must be reasonable.

The full basic state pension for 20010/11 is £97.65. Most people believe everyone receives the full basic If you have 10 or 11 qualifying years you will get only 25% of the basic pension - if you You can receive up to £20.52 a week if you are single or £27.09 a week if you have a partner and have

The state provides basic pension provision intended to prevent poverty in old age. The basic state pension , then known as the "Old Age Pension " was introduced in the United Kingdom (which included all of Ireland at that The PPF figures show that the funds fell into overall deficit at the end of 2011.

The basic pension is primarily the concern of the SPD - Dobrindt emphasized, however, that his party had always wanted it. Mast described the increase in pensions as a “socio-political milestone”. "Those who have worked long - even for little money - should have more when they are retired," she emphasized. "With this we recognize lifetime achievement."

Dobrindt criticized, however, that the administrative process was by no means secured. Pension insurance, for example, assumes that it will take until the end of 2022 to process the relevant files. The director of the German Pension Insurance Federation, Stephan Fasshauer, had recently said that people who are already retired and who are entitled to the supplement will probably not receive their decisions until the end of 2022. It is a huge administrative effort, out of the almost 26 million To filter out those who are entitled to the supplement.

According to Dobrindt, there are strategic reasons why the Union wants to agree before the summer break despite open financing questions. The SPD did not want to be given the opportunity to cover the summer months with a pension issue, he argued.

Hart Dobrindt went to court with Minister of Labor Hubertus Heil (SPD). The discussions with him were difficult until the end because all financing commitments had not been met. The 400 million euros announced by Heil from the Ministry of Labor budget have not yet been secured. One cannot be very satisfied with his work.

Dobrindt criticized that the financial transaction tax promised by Scholz still cannot be implemented quickly. He wanted a European financial transaction tax - but Scholz has not yet made the necessary proposals, said the CSU country group leader.

BGH rebukes banks for basic account .
The idea sounds good: Everyone, regardless of how poor or rich, is entitled to their own current account, the bank must not reject any customers. The so-called basic account has existed in Germany since 2016. But at Deutsche Bank, account management has previously cost 8.99 euros a month - reason enough for the Federal Court of Justice (BGH) to take action. Consumer advocates still see a need for action after Tuesday's Karlsruhe ruling.

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