Press Average taxable share of pensions rose to 62.1% in 2019

Shift from taxation in the accrual phase to deferred taxation leading to higher taxable pension share

Press release No. 508 of 15 December 2020

WIESBADEN – 21.6 million people in Germany received benefits to the amount of 328 billion euros from statutory, private or company pension schemes in 2019. The Federal Statistical Office (Destatis) also reports that this was an increase of 16.3 billion euros, or 5.2%, compared with 2018. The number of pensioners rose by 86,000. In most cases, only part of a pension is taxable income. In 2019 the taxable share was 203 billion euros, or 62.1%, of the pension benefits paid. Compared with 2015, that share increased by 6.8 percentage points.

Loading...

contactfor further info

Tax statistics

Phone: +49 611 75 4315

Contact Form

More on this topic