Germany now extends charges on old-age pension to senior citizens with a medium amount of pension.
Citizen retiring in 2014 will have to pay tax on their the part of their pension over 1225 euros. (10 years before this number was 1599 euro). After 45 years work, the average german pensioner’s income is 1266,30 euro. All pension is planned to be subjected to tax by 2040 in Germany. The reason is that Germany’s population which counts 80 million people includes 25,18 million pensioner that is approximately 35% of its population.source: MTI, Hungarian news agency