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Almost 32,000 new pensioners in Schleswig-Holstein

The baby boomer generation is increasingly reaching retirement age. The German pension insurance scheme has recorded almost 32,000 new pensioners in Schleswig-Holstein - a good 3,200 more than in the previous year.

Two pensioners are sitting on a bench.
Two pensioners are sitting on a bench.

Seniors - Almost 32,000 new pensioners in Schleswig-Holstein

Approximately 32,000 Schleswig-Holstein women and men received a pension from the statutory pension insurance for the first time last year. This is about 3,200 more than in 2022, according to Deutsche Rentenversicherung Nord, who announced this in Lübeck on Thursday. Most of them, around 14,200, went into retirement because they had reached the statutory retirement age. This age is currently 66 years and 2 months for the birth year 1959. The statutory retirement age will gradually increase to 67 years until 2031.

"The Baby Boomer generation is increasingly reaching retirement age, which is evident in significantly increasing numbers," said Sebastian Bollig, spokesperson for Deutsche Rentenversicherung Nord. A pension without deductions, the so-called pension with 63, was reportedly received for the first time by around 9,000 Schleswig-Holstein women and men last year - about 800 more than in 2022. Approximately 6,700 people in the north retired early with at least 35 contribution years and a minimum age of 63. They have 0.3% of the pension amount deducted per month for early retirement benefits.

A total of approximately 632,500 old-age pensions were paid out by Deutsche Rentenversicherung in the north last year. Nationwide, the pension insurance paid out approximately 18.7 million people a statutory old-age pension.

  1. Many senior citizens in Schleswig-Holstein, benefiting from the old-age pension provided by German Pension Insurance North, joined the ranks of new pensioners last year, amounting to around 32,000 individuals.
  2. In Lübeck, German Pension Insurance North revealed that over 3,200 more individuals became first-time recipients of the old-age pension from their statutory pension insurance in 2023 compared to the previous year.
  3. Approximately 9,000 Schleswig-Holstein seniors became new pensioners last year, enjoying the pension with 63, a pension without deductions offered by German Pension Insurance North, a significant increase of around 800 from the previous year.
  4. Retirees in Lübeck and across Schleswig-Holstein, including numerous seniors, are managed by German Pension Insurance North, one of the divisions of the national German Pension Insurance, which supplied a staggering 632,500 old-age pensions in the north last year.

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