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. In fact, the entire insurance life counts – from the first euro earned to the last. In the years in which you earn a lot, you accumulate the most earning points – regardless of how long it takes until you retire.
Part-time work also significantly reduces your pension later on. Here’s an example: If you worked 20 hours a week for 15 euros an hour, you would receive about 1231 euros gross per month. After 40 years of working part-time, your pension would be only 497 euros, which is less than the basic income support.

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.

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