Hardship Fund in the East-West Pension Transition
The German government has established a hardship fund to provide financial assistance to individuals who have suffered financial losses due to the transition from the East German pension system to the West German pension system after reunification.
Background
After the reunification of Germany in 1990, the East German pension system was gradually phased out and replaced by the West German system. However, this transition resulted in significant financial disadvantages for some individuals who had worked in East Germany prior to reunification.
Eligibility
Individuals who meet the following criteria are eligible to apply for assistance from the hardship fund:
- Born before January 2, 1947
- Worked in East Germany for at least 15 years
- Earned a higher pension under the East German system than under the West German system
- Have suffered a significant financial loss due to the pension transition
Amount of Assistance
The amount of assistance provided by the hardship fund varies depending on the individual’s circumstances, but can range from €1,000 to €10,000. The average payment is expected to be around €5,000.
Application Process
Applications for the hardship fund can be submitted from December 15, 2024, until December 31, 2029. Applications can be made online or by mail.
Impact
The hardship fund is expected to provide financial relief to around 400,000 individuals who have been affected by the pension transition. The fund is part of a broader effort by the German government to address the historical injustices faced by East Germans after reunification.
Other Information
- The hardship fund is financed by the federal government and is not limited to a specific number of applicants.
- Individuals who have already received compensation under other programs related to the pension transition are not eligible for assistance from the hardship fund.
- Further information about the hardship fund can be found on the website of the German Pension Insurance (Deutsche Rentenversicherung): www.deutsche-rentenversicherung.de/
Härtefallfonds in der Ost-West-Rentenüberleitung
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