The pension for Galician returnees from Germany will increase by almost 4.5 percent

He the government of Germany just gave good news to all expats he’s back Galicians of this country, since it officially announced that pensions in the German country will increase by 4.39% from July 1. Thus, a pensioner who received a salary of 1,000 euros per month until June 30 will receive 1,043.90 euros, or 43.90 euros more, from next month.

This compensation will directly affect thousands of Galicians who receive compensation from retirement, disability or widowhood from Germany. During the months of July and August, returnees with a German pension will gradually receive a notification from the German public pension insurance about the agreed pension increase. “They have to save this statement for the 2023 profit and loss account that will be presented next year to justify the deductible costs of the amounts deducted from health care pensions and maintenance allowances in Spain,” he said. Luis Gulinprovincial secretary for migration of the PSOE in Ourense.

In this regard, the PSOE warns that since the beginning of the Income Statement campaign, they have been receiving complaints about the amounts to be paid into the treasury with two payers, in this case Spanish and foreign pensions. Specifically, they referred to the case of a returnee from Switzerland who declared an income of 15,230 euros per year and is obliged to pay almost 600 euros in income tax. Gulín reminded that both pensions are not subject to withholding tax on personal income, which is why he insisted on the need to inform the Spanish Social Security of the desire to voluntarily pay this tax in order to reduce the tax rate.