Germany's Incoming 'Active Pension' Explained
The German government has introduced an 'active pension' plan, allowing individuals over 67 to earn up to €2,000 tax-free each month.
This incentive aims to keep pensioners in the workforce, addressing the country's skilled worker shortage.
The idea is that anyone of pension age who decides to carry on working can receive up to €2,000 in monthly income tax free, on top of their monthly pension payment.
The 'active pension' plan is set to start on January 1st, 2026, and is designed to incentivise pensioners to remain in employment longer.
The government believes this will help reduce the shortage of skilled workers in the country.
Author's summary: Germany introduces 'active pension' to keep older workers employed.More News
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