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- 3 - 2 - 1 - It's time to explore the Digital Pension in Germany
3 - 2 - 1 - It's time to explore the Digital Pension in Germany
The digital pension overview is more than just a fancy website.
Arlene Texeira
February 29, 2024
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Servus an Alle!
Welcome back to the Munich Post! The purpose of this newsletter is to share: 3 bits of news, 2 upcoming events, and 1 amazing restaurant/café for expats living in and around Munich. This way, you have a pulse on what’s going on without scrolling through thousands of pages.
Hey there! Did a friend pass along this awesome newsletter to you? Well, guess what? You can easily subscribe below and get all the latest news and events from us every Thursday. Join our amazing community of over 8,000 Munich lovers with just one click!
Here’s what we’ve got for you today:
Before we dive in further, here's the tip of the week - The Jugend BahnCard 25: A sweet deal for 6 to 18-year-olds, offering a further 25% discount on both flex prices and discounted fares for journeys including ICE, IC, RB, RE, S-Bahn and more.
3 bits of news
Shop Asian flavors, save 10%
A brand new GoAsia store just opened in Schwabing. It's as big as the one at HBF (now closed) and has all the yummy Asian foods and products you need.
They moved to Hohenzollernstraße 3-5, close to Münchner Freiheit, and they're rolling out a warm welcome with a 10% discount on everything until the end of March. So plan a sushi night or grab some udon or neoguri korean noodles (for as little as €1 during their sale). We are certainly excited to explore some new flavors.
A second GoAsia store is gearing up to open its doors at Karlsplatz Stachus later this spring. And for those of you who prefer to shop from your couch, GoAsia's got you covered with their online shop.
Pension planning goes digital
Photo by Omid Armin on Unsplash
Last June, the Federal Government rolled out a shiny new tool – the Digital Pension Overview, which is your one-stop-shop to peek into your retirement future. Whether it's your statutory pension or those extra bits you've squirreled away in company and private pension pots, this system's got you covered.
But not all pension providers are on board just yet. The clock’s ticking till December 31, 2024, for them to join the party.
How to dive in
You'll need an ID card with an online function and a bit of patience to set up your account. Once you're in, it's like having a personal pension dashboard and you can check in regularly to make sure your retirement planning is on track.
Despite the fancy new digital digs, not everything's included. So, if you're investing in ETFs or hoarding gold coins under your mattress, you'll need to keep tabs on those the old-fashioned way. And for our friends in public service, there are additional gaps to be filled. Plus it is only available in German.
The digital pension overview is more than just a fancy website; it's a commitment to transparency and empowerment, giving you control over your financial future. So, why not take a few minutes to set up your account?
Read in detail here (in German).
Green light for cannabis
Photo by Jeff W on Unsplash
Germany just made a historic move, joining the ranks of European countries like the Netherlands, Malta, and Luxembourg by saying “Ja” to cannabis for personal use.
Starting April 1 (no fooling), if you're over 18, you can grow up to three cannabis plants and keep up to 50g at home. And for those who like to take their greens on the go, carrying up to 25g in public spaces is now on the green side of the law.
Come July 1, Cannabis Social Clubs (CSC) will spring up, allowing members over 21 to purchase up to 50g of cannabis per month.
Don't light up just anywhere, though. Smoking cannabis in pedestrian zones is a no-go between 7am and 8pm. And keep it 100m away from schools or sports facilities. Under 18? Getting caught with cannabis will land you in prevention programs.
This green wave hasn't been smooth sailing for everyone. Critics, including doctors and legal experts, worry about the impact on youth and public safety. The CDU/CSU bloc isn't thrilled either, dubbing the move as “rubbish.”
Meanwhile, the Bavarian Prime Minister Söder is considering legal action. He wants to “participate in everything” that delays or overrides the law. In addition, safety is given the top priority in his federal state. “I can already say today that we will apply this law extremely restrictively,” said the CSU chairman.
Find out more about this news here (in German).
In partnership with our main sponsor: Aivado.de
It is our desire to bring our readers the best information about Munich — at zero cost to you. In keeping with this theme, we thank our sponsors for today’s newsletter. By clicking on the link below, you’re supporting this newsletter.
Hey folks! This is Aazar, I recently learned the 5 benefits of investing in real estate I wanted to share:
Appreciation Potential: Historically grows at 3-5% yearly, boosting net worth.
Passive Income: Rental properties yield 2-8% annually, surpassing traditional investments.
Tax Advantages: Enjoy deductions like mortgage interest, lowering taxable income.
Inflation Hedging: Property values and rental rates rise with inflation, preserving purchasing power.
Leverage: Amplify returns by investing a fraction of the total cost using leverage.
I met Aid (the speaker of this webinar) who showed me how all of this makes sense. I learned how real estate can help you save on taxes and make money for you. He explained it clearly to me. Even if you are not currently investing, I would recommend joining this webinar to learn more about how real estate investing works so that whenever you are ready, you can delve deeper into it.
2 upcoming events
A spectacle of style meets art
Are you ready for a fashion journey that blurs the lines between art and haute couture?
The Kunsthalle Munich is rolling out the red carpet for “Fashion Statements,” the first major retrospective of the iconic Dutch designer duo Viktor&Rolf in Germany. Starting from February 23rd and running until October 6th, get ready to be dazzled by fashion that's as much a statement as it is style.
Viktor Horsting and Rolf Snoeren have been redefining the essence of couture for more than three decades, crafting masterpieces that have graced global icons like Madonna, Tilda Swinton, and Lady Gaga (but not the meat dress).
For the first time, alongside their iconic pieces, you'll find an array of videos, sketches, and exquisitely dressed porcelain dolls, as well as captivating works by photo legends like Andreas Gursky and Ellen von Unwerth.
General information
📅 Saturday, February 23 – Sunday, October 6, 2024
⏰ 10am – 8pm
📍 Kunsthalle München
Disco theme nights at the ice rink
Photo by Nadin Mario on Unsplash
Ever thought about combining the thrill of ice skating with the vibes of a disco night? Our local rink is transforming into a boogie wonderland on wheels (well, blades) every week starting Thursday through Saturday nights.
Each evening comes with its own special soundtrack to keep your spirits high.
Thursdays are for “Worldmusic meets Best of Charts” at the B-Lounge, where global beats and chart-toppers mix for a truly eclectic skate. Fridays shout out to all you weekend warriors with “Thank God It’s Friday,” featuring a mix of pop charts and old-school hits that promise to keep the energy up. And Saturdays? They're legendary with oldies’ “Best of 50s to 90s” making it the perfect night for anyone who loves to groove to the classics.
Book your tickets here.
📅 Thursday - Saturday
📍 Olympiapark München
💶 From €5 to €8
Bonus
High numbers of ticks expected this summer, also read our news from June last year
Rundfunkbeitrag TV licence fee to increase by 58 cents per month
We’d like to thank our secondary sponsor. By clicking on the link below, you’re supporting this newsletter.
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1 new restaurant/café to try
Vegane Fleischerei
The newly opened “Vegan Butchery” next to the Viktualienmarkt is the talk of the town.
Imagine stepping into a space where the aromas of home-cooked, hearty spices welcome you, minus the meat. Yes, you read that right—this is a heaven for plant-based goodness where the walls are adorned not with the usual butcher fare but with a cloth cow cheekily reminding us that animals are “Friends Not Food.”
What's cooking, you ask? Everything from soy-based Lyoner and jackfruit ox shreds to eggplant herring salad that'll have you questioning reality. The unanimous crowd-pleaser? Their vegan Leberkässemmel.
General information
📍 Frauenstraße 11, 80469 München
🥘 Vegan
⏰ Monday - Saturday 11:30am–6pm
Closed Sunday
Coming soon: a second outlet at Häberlstraße 21, 80337 München
Meme of the week 😂
Thanks for reading and sharing the Munich Post 3-2-1 newsletter.
See ya next week!
Aazar, Arlene, Christina, and Heidi
Hey there! Just wanted to let you know that this newsletter is absolutely free for you to enjoy. We genuinely value your feedback as it inspires us to continuously improve and bring you even more amazing news and content. It would mean the world to us if you could spare a moment to share your thoughts and leave us some comments. Your input is truly appreciated!
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