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As a compulsorily insured employee, you are also entitled to a pension. The same applies to the unemployed and the voluntarily insured self-employed. In order to receive a full pension, you must normally have reached the age of 67 and have completed a qualifying period of at least five years for which contributions must be paid. Of course, you also have to apply for a pension. You should do this in good time, because pension payments can only be made three months in arrears.
If you want to understand what you can expect from the german state pension than you can calculate it accurately with our mobile app.
You can also simulate any potential investments in the app that you could make to supplement the state pension.
Download our app and start gaining insight into your current and future finances.
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