Between 2017 and 2018, increased the number of Insured, which compensated for with special contributions future Pension reductions, by 50 percent, according to the "süddeutsche Zeitung" (SZ) on Tuesday from an analysis of the German pension insurance (DRV) shows.

Insured pay annually hundreds of millions of euros on a voluntary basis

these special contributions are always more money flowing into the pension Fund. In 2017, the revenue from these Extra payments were, according to the "southern German" yet in the case of 207 million Euro, in 2018, there were already 291 million. For 2019 no Figures were yet, it was said in the newspaper report.

Each of the payers of voluntary special contributions transferred accordingly, in the year of 2018, on average, somewhat more than € 17,000 of the payments to the pension Fund. A DRV spokeswoman evaluated this as a "sign of the confidence of contributors in the security of the statutory pension."

the amount of the compensation

adoption for the year 2019 is calculated: For a full old-age pension 40 earnings points (EP) are necessary. The Insured, however, want to go two years before retirement. He must accept, therefore, a reduction of 24 x 0.3 percent = 7.2 percent. Access factor (ZF) is so 100-7,2 = 92.8 percent = 0,928. The average annual pay was in 2019, in the case of 38.901 Euro. FOCUS Online

1. Step: determine the missing pay points

2. Step: calculate the shortfall in income to the average income on the basis of the ZF.

3. Step: an Individual faulty income = step 2 x the lack of pay points

4. Step: payment amount = failed income changes in the contribution rate Everything you need to know about your pension

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Nearly a quarter of all old-age pension is for early retirement

in 2018, were 23 percent of all old-age pensioners at a discount booth at an early stage in the peace, the newspaper quoted further from the DRV analysis. The amount of the reductions was therefore, on average, about 90 Euro of the gross monthly pension.

to compensate for Such a reduction in Pensions, it is expensive and can cost several 10,000 Euro. The Extra payments, but over a number of years to distribute. Thus, the Insured's high tax saving amounts. The Flexi pension law, the Insured can since 1. July 2017 from 50. Age of voluntary contributions to Pension reductions to compensate.

Because of the current rock-bottom interest rates, voluntary contributions are worthwhile in the statutory pension scheme more than the completion of a private Police. So much money you get at the age click Here for pensions calculator

René wants to return: So you can give your child to the age of 18. nearly 90,000 euros from the state FOCUS Online René wants to return: So you can give your child to the age of 18. nearly 90,000 euros from the state

mbe/AFP Date Of Update: 25 February 2020, 09:00