Monday, November 6, 2023

Will pensioners now receive an inflation bonus? That's what Olaf Scholz says

Will pensioners now receive an inflation bonus? That's what Olaf Scholz says Article by Neele Tomkötter • 4 hours Unlike many working people, retirees typically do not receive additional payments to cope with rising costs. However, people who receive a pension receive such a bonus. This can lead to confusion and misunderstandings. In this article we will explain why there is currently no inflation bonus available for pensioners and whether such a bonus may be introduced in the future. Which group receives an inflation bonus of several hundred euros? That is why pensioners are currently not entitled to an inflation bonus The state cannot afford these payments Which group receives an inflation bonus of several hundred euros? In order to compensate for the increased cost of living prices caused by inflation, many employees receive an inflation bonus from their employers. This is usually several hundred euros. But not only employees are entitled to this compensation, because pensioners are also entitled to this inflation compensation. According to the Südkurier, retired federal civil servants receive inflation compensation of between 1,050 and a maximum of 2,152 euros. On average, however, the inflation premium is around 2,040 euros per person. In contrast to employees and pensioners, pensioners do not currently receive any inflation bonus. But why is that so? Ultimately, inflation hits people with relatively low pensions particularly hard. Because their existing money is often not enough to buy food, cover energy costs and possibly buy medication or pay bills. According to Chancellor Olaf Scholz, it is currently not possible to pay inflation compensation to all pensioners. More and more people are therefore demanding an inflation bonus for pensioners. Federal Chancellor Olaf Scholz has not yet commented on these demands. However, he spoke about the topic for the first time at a citizens' dialogue in Bendorf in Rhineland-Palatinate. However, when he was asked the question, the Chancellor had to laugh and replied: "Well, multiply the number of million pensioners by 3,000 - and then sit down very slowly." According to Chancellor Olaf Scholz, it is utopian that the state can pay all pensioners an inflation compensation of around 3,000 euros. Due to relatively limited financial resources, the state cannot currently afford these payments. However, it remains to be seen whether there will be an alternative compensation payment for pensioners.