There is good news for millions of retirees in Germany: Statutory pensions will increase by 4.24 percent on July 1, 2026. Federal Minister of Labour B bel Bas announced this on Thursday in Berlin. The basis for this adjustment is the positive wage development last year, which, according to the Federal Statistical Office, was 4.25 percent.
This increase will raise the current 'Rentenwert' (pension value) from its present 40.79 euros to 42.52 euros. For a so-called 'Standardrente' (standard pension)—based on 45 contribution years with average earnings—this means an additional monthly payment of about 77.85 euros. Thus, pensions are growing again faster than inflation, which is predicted to be 2.1 percent for the current year.
The Minister emphasized that linking pensions to wages secures the participation of pensioners in societal prosperity. Furthermore, the extended stability level for the pension level of 48 percent from the 2025 pension package will apply for the first time. Formal approval by the Federal Cabinet and the Bundesrat (Federal Council) is considered certain.