According to a new financial forecast released by the German Pension Insurance (Deutsche Rentenversicherung), the annual pension contribution for average earners is expected to rise by about 1,040 euros between 2027 and 2028. Pension expert Martin Werding, a member of the Expert Council, informed the “Handelsblatt” that this amounts to a monthly increase of 87 euros instead of the previously projected 84 euros, meaning the contributions paid by employers-who cover half of the total payment-will also increase accordingly.
Werding also noted that the total revenue collected by the state pension insurance system jumped by approximately two billion euros in just one year. He stated that revenue is projected to increase from about 29 billion euros in 2027 to roughly 31 billion euros in 2028.
However, according to the business section, the core issue is not merely the adjustment to the expected contribution rate for 2028, but rather the rapidly escalating dynamics caused by demographic changes. The new spring forecast from the Deutsche Rentenversicherung indicates that the contribution rate will climb to nearly 20 percent in 2028-specifically 19.9 percent-up from the 19.8 percent projected in the autumn of 2025. Until then, the current contribution rate of 18.6 percent is expected to remain stagnant.
