Stock Photo - 27 June 2023, Lower Saxony, Laatzen: A sign points the way to the German Pension Insurance Fund. For the second year in a row, there will be a significant increase for the approximately 21 million pensioners on July 1: In the West, payments will rise by 4.39 percent and in the East by 5.86 percent. For a monthly pension of 1,000 euros based only on contributions from the West, around 44 euros more will now end up in the account, and for a pension of the same amount with contributions from the East, almost 60 euros more. Photo: Julian Stratenschulte/dpa. - Laatzen/Lower Saxony/Germany

Stock Photo: 27 June 2023, Lower Saxony, Laatzen: A sign points the way to the German Pension Insurance Fund. For the second year in a row.

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