Statutory pension | Horizon65

What is the average pension in Germany?

The population aged 65 and over has an average gross income of 1,900 euros per month. If you are curious to know what your situati...

What is the basic state pension in Germany?

If you work in Germany under a fixed work-contract, you will have to pay into the mandatory state pension. In exchange, you will b...

How much is the basic state pension in Germany?

The amount of your state pension is based on the amount of money you paid into it. If you pay more, your pension will be higher. I...

What is the average state pension in Germany?

The average state pension in Germany depends on the gender and place of residence. 1200 Euro for a male in the west, 1000 Euro for...

What is the minimum state pension in Germany?

There is no minimum state pension in Germany. But old people in need can apply for the “Grundsicherung”, which is a type of so...

Do I have to pay pension insurance in Germany?

If you work with an employment contract, you are obliged to pay into the state pension-system. If you are self-employed, you are a...

How is the widow’s pension for civil servants calculated?

The widow’s pension for civil servants is calculated in a similar way as for those with statutory insurance (GRV). It amount...

How long do you have to be married to get a pension?

In order to be entitled to a widow’s or widower’s pension under the statutory pension insurance (GRV), you must have b...

How much is the health insurance contribution for a pension?

When you apply for your pension, you will be compulsorily insured in the pensioners’ health insurance scheme, provided you f...

How much pension does a widower get?

If you are younger than 47 and neither disabled nor raising a child, you will receive the small widower’s pension. This is 2...

When do I have to pay back my Christmas bonus when I retire?

As a prospective pensioner, you are not entitled to a Christmas bonus if you retire before 1 December of a given year. However, if...

How is the widow’s pension credited to my own pension?

If you are still working, your own income, otherwise your own old-age pension will be offset against the widow’s pension. As...

How are child-rearing periods taken into account for the pension?

Normally, you have to pay contributions to the pension fund in order to receive a pension later. However, the federal government p...

What happens to the pension when you die?

After the death of your partner, you as the surviving spouse will continue to receive the full amount of your partner’s pens...

How many years per child are taken into account for the pension?

The child-rearing period improves your later monthly pension entitlement by about 32 euros for each year of child-rearing. If your...

What percentage of the pension does the widow receive?

For three months after the death, you as a survivor receive the widow’s or widower’s pension in the amount of the mont...

How much is a good pension?

The amount of your pension depends on the contributions you have paid in and the number of years you have contributed. Here are a ...

How much is the pension for caring for relatives?

Relatives often take on the care of a family member in need and sometimes even give up their job to do so. To ensure that this doe...

What counts as additional income for pension purposes?

The following types of income are considered supplementary income by the German pension insurance: Gross pay, taxable profit, such...

What does one year’s work do for the pension?

The standard retirement age for all those born after 1964 (with a few exceptions) is 67. However, you can also retire later, which...

When do teachers retire?

Teachers can retire after 40 years of service, as soon as they reach the age of 62; they must retire at the age of 65 at the lates...

When do civil servants retire?

In order to be able to retire as a civil servant, the following conditions must be met. 1. you must have completed a minimum of fi...

Retire earlier with a severe disability?

Severely disabled persons are generally allowed to retire earlier than other insured persons. For example, severely disabled insur...

How much additional income can I earn when I retire at 63?

If you receive pension payments at 63, you may earn a maximum of 6,300 euros per year until you reach the standard retirement age ...

How do you write a notice of termination when you retire?

Since your employment relationship does not end automatically when you reach the standard retirement age, you must give notice or ...

How high is the average pension in Germany?

According to the SPS, the average monthly pension for men in Germany in 2019 was 1,139 euros in the old federal states and 1,212 e...

How do I apply for a pension?

Statutory old-age pensions are only available upon application. You can apply in writing or online, or alternatively directly at y...

What remains of the 1,300 euro pension?

The average gross pension in Germany is 1,300 euros. If you were to retire in 2022, you would receive a net pension of 1,145 euros...

When can I retire after 45 years of work?

If you have been insured for many years, you can retire without deductions before reaching the standard retirement age, under cert...

When can I retire? 45 full years?

If you have worked full time for 45 years, you cannot retire at the age of 60, as many people believe. It is true: If you have bee...

How long do I have to work to get a pension?

As a compulsorily insured employee, you are also entitled to a pension. The same applies to the unemployed and the voluntarily ins...

How high are the deductions for retirement at 63?

In Germany, people who have been insured for a particularly long time can retire at 63 without deductions. This group of people in...

Which periods are taken into account for the pension?

Contribution periods: This includes all months for which compulsory or voluntary contributions were paid. Consideration periods, s...

Why is the pension only paid at the end of the month?

In 2003, the then red-green federal government passed the Agenda 2010. In the course of this, the payment of pensions was moved fr...

What happens to my pension when I die?

In the month of death, the pension benefits are paid once again in full. If there is a surviving spouse or partner, you can apply ...

When can I retire with 50 years of severe disability?

Severely disabled persons can retire earlier than other insured persons. For example, severely disabled insured persons born in 19...

When does the pension end on death?

If an insured person who is already receiving retirement benefits dies, his or her pension entitlement expires in the month of dea...

How does short-time work affect the pension?

Short-time allowance supplements your reduced salary, but not completely. This is why the contributions that flow into your pensio...

How much pension is payable on what salary?

The pension amount in the statutory pension insurance (GRV) depends on the contributions you have paid in, the length of time you ...

How long is the pension paid after death?

If a person dies, the surviving spouse of the deceased receives the full amount of the pension for three months after the death. T...

What counts as 45 years of pension

In addition to periods of employment, periods of child-rearing and unemployment (unemployment benefit I) are also counted towards ...

Why do women have only half as much pension entitlement as men?

Women earn on average only half as much as men over the course of their working lives, as they often work part-time because of chi...

Can a woman retire at 60?

The pension at the age of 60 no longer exists. At least there is no benefit from the statutory pension insurance. However, those w...

When can I retire as a woman?

If you were born after 1964, your normal retirement age is 67. If you were born before 1947, you can retire without deductions at ...

Why do the last years before retirement count more?

This is not correct, because the amount of your pension later on does not depend on the payments you made in the last few years. I...

How does sickness benefit affect the pension?

Sickness benefit is a payment in lieu of remuneration to which you are entitled as an insured person if you are unable to work for...

How much pension do I get per child?

Each year of child-raising time improves your later monthly pension entitlement by around 32 euros. If your offspring was born bef...

When will the pension be paid out?

Anyone who retires or has retired after 1 April 2004 will always receive their pension payment at the end of the month, i.e. on th...

How much pension do I get as a housewife?

The requirements for a statutory pension for housewives do not differ from those for all other persons. However, mothers receive a...

What is deducted from the pension?

The statutory pension insurance deducts health and long-term care contributions from the gross pension. For health insurance this ...

Which is better, partial retirement or retirement at 63?

If you apply for “partial retirement”, your salary will be halved, but then the employer (AG) will increase it by 20 p...

When does the divorced wife receive the husband’s pension?

In the event of divorce, all pension entitlements acquired during the marriage are divided equally. However, if your ex-partner di...

Who gets a 2000 euro pension?

In 2020, there were around 21.2 million old-age pensioners in Germany, but only a very small proportion receive a monthly pension ...

When can I retire?

The standard retirement age, i.e. the age at which retirement is possible without deductions, will be 67 for the vast majority of ...

What pension schemes are there in Germany?

The “pension insurance institutions” administer the benefits of the statutory pension insurance and pay them out. All ...

Who are the institutions of the statutory pension insurance?

The statutory pension insurance institutions in Germany are divided into federal and regional institutions according to § 125 SGB...

How many pension schemes are there?

The pension insurance institution in this country is the Deutsche Rentenversicherung. It is divided into 14 regional and two natio...

How does the pension insurance fund pension payments?

All compulsorily insured members of the pension insurance pay pension insurance contributions together with their employers. These...

Who is liable to pay pension insurance?

The following groups are liable for pension insurance in Germany according to SGB VI: Employees Craftsmen Parents within the frame...

What benefits does the pension insurance provide?

Unlike in other areas of social insurance, the benefits granted are based on the amount of contributions paid in (equivalence prin...

Who is paying for the pension insurance?

Normally, contributions to the statutory pension insurance for salaried employees are borne equally by the insured person and the ...

Which pension insurance is responsible for me?

The German Pension Insurance (DRV) has 16 independent institutions, each of which is responsible for a certain number of insured p...

What are the building blocks of old-age provision?

When making personal retirement provisions, one should always rely on several building blocks. For example, you can invest in unit...

When was pension insurance introduced?

The origins of our pension insurance date back to 1889. Much has happened since then as a result of two world wars, the division a...

Retired at 55 how much deductions?

Retiring at 55 is not an easy undertaking. Both the statutory pension and the Rürup/Basis pension can be brought forward to the a...

When can I retire at 63 without deductions?

For this, one had to be born before 1953 and also have 45 years of compulsory contributions to the statutory pension insurance. Th...

What is the highest statutory pension?

In order to calculate how high the maximum pension in the statutory pension insurance can be, it is important to understand how th...

How much pension do I get if I have never worked?

Anyone who has never worked and has therefore not paid any contributions into the German pension insurance (DRV) is generally not ...

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