How is my pension calculated?

The annual amount of retirement pension at the normal retirement age corresponds to 6.8% of the retirement assets accumulated by then.

In the case of early retirement, the conversion rate for each year by which the retirement date is advanced is reduced by 0.2 of a percentage point. If you work beyond the normal retirement date, the conversion rate for each year by which the retirement date is delayed is increased by 0.2 of a percentage point.

 

If the amount of the retirement pension is less than 10% of the amount of the minimum state pension, the Foundation will pay out a single lump sum in place of the insured benefits.

Further information can be found in the regulations at Downloads.

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