Germany to Allow Retirees to Earn €2,000 a Month Tax-Free

Stirile Antena 1 Observator

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Pensioners will be able to earn up to €2,000 a month without paying income tax if they choose to work after the retirement age (67). The measure is part of a bill promised by Chancellor Friedrich Merz, the Financial Times reports. It is estimated that around 285,000 pensioners are already working in Germany. By 2035, almost 5 million workers will retire. The German economy is suffering from a huge shortage of qualified personnel.

nieuwrechts.nl

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Germany wants to encourage older workers to continue working longer. Starting next year, the government will introduce a scheme allowing those aged 65 and over to earn up to €2,000 per month tax-free. Berlin hopes this will alleviate growing labor shortages, NU.nl reports.

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Germans who choose to work after retirement age will be able to earn up to 2,000 euros a month free of taxes, as part of the chancellor's initiative...

Business Insider (Poland)

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Germany is introducing new incentives for retirees who choose to continue working. Starting January 1, those working beyond retirement age will be able to earn up to €2,000 per month without paying income tax, according to a draft law obtained by the Financial Times.