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Unlike in other areas of social insurance, the benefits granted are based on the amount of contributions paid in (equivalence principle).
The statutory pension insurance (GRV) covers the following risks or provides benefits in the following cases:
in old age (old-age pension)
in the event of reduced earning capacity
in the event of death (survivors’ pensions, including widows’ and orphans’ pensions)
benefits in the context of medical and occupational rehabilitation after an occupational accident
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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