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Both the orphan’s pension and the widow’s pension belong to the category “pension due to death” in the statutory pension insurance. The orphan’s pension always applies when one or both parents die.
Under certain conditions, minor children are legally entitled to an orphan’s pension. This replaces the child maintenance that was previously paid by one or both parents.
At Horizon65 we can help you to determine if company pensions are worth it for you by using our mobile app to simulate its effect on your future taking into your existing investments and potential impact of inflation and taxation.
We regularly help our clients by comparing all the available company pension products on the market using our comparison portal or you can also directly get in touch with our experts to understand if it can be a good option for you.