Pension levels in a popular vacation destination are making German retirees envious
schwaebische.de/panorama/wie-hoch-das-rentenniveau-in-einem-beliebten-urlaubsland-ist-laesst-deutsche-rentner-neidisch-werden-4632679
Photo: schwaebische.de · view article
Italy’s Pension System Draws Attention from GermanyItalian retirees receive over 80% of their net income plus a 13th monthly pension amid lower living costs and rising pensioners.
Key FactsJun 10, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: schwaebische.de
Summary created with AI assistance · Source: schwaebische.de
- Germany maintains a statutory pension level of 48 percent, with proposals to raise the retirement age to 70 to sustain it.
- Italian pensioners typically receive more than 80 percent of their pre-retirement net income, marking one of the highest rates in Europe.
- Italy has approximately 16.3 million retirees who benefit from an extra 13th pension payment, supported by an 11 percent contribution rate.
- Despite lower average earnings compared to Germany, Italy offers lower living expenses and taxes pensions as regular income.
a top value in Europe— Flossbach von Storch Research Institute (the market research institute), as described in the article, called it a 'Spitzenwert in Europa'.
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Key FactsPensions to Rise Significantly from July 2026
Mar 7, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: schwaebische.de
Summary created with AI assistance · Source: schwaebische.de
- Pension payments for roughly 21 million recipients will increase by 4.24% from July 2026, exceeding prior autumn forecasts.
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- Although expenditures are rising, the pension fund remains stable while a reform commission prepares proposals due by mid-2026.
Thus we are once again fulfilling a central performance promise of the statutory pension insurance: pensions follow wages.— Gundula Roßbach, President of the German Pension Insurance Bund (Deutsche Rentenversicherung Bund), on the commitment that pensions follow wage growth.
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