As of: January 19, 2024, 2:04 p.m
By: Julian Mayr
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The annual return is an important document with regard to your pension.
A mistake in this could potentially result in financial disadvantages.
Munich – Studies show that every second German is afraid of poverty in old age.
Women are particularly affected by poverty in old age.
In order to prevent impending financial bottlenecks in retirement, it is advisable to regularly think about your retirement provision and pension while you are still working.
An important step is to carefully check and store important documents.
This also includes the annual report.
The annual report should be carefully checked for accuracy.
(Symbolic image) © Yuri Arcurs/Zoonar/Imago
German pension insurance advises: Annual reports should always be checked
The annual report is a document that the employer sends to the German Pension Insurance (DRV) and the respective employee.
It contains important information that will be used to calculate the future pension.
This includes, above all, an employee's salary and length of employment.
“Incorrect information can have a negative impact on the pension amount and possible pension entitlements,” says the DRV.
It is therefore very important for employees to always check the accuracy of this document.
Particular attention should be paid to the name, insurance number, length of employment and gross earnings listed in the annual report.
If there are any discrepancies, the DRV recommends asking your employer or health insurance company for a correction.
Checklist for the annual report
Surname
Insurance number
Duration of employment
Gross earnings
The DRV also advises keeping all annual reports carefully.
They serve as evidence of the pension contributions paid.
If you have any questions about the annual report, those affected can contact the DRV, either online or by telephone on the free service number
0800 1000 4800
.
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