How high the monthly pension will be in retirement can be calculated using the pension formula. This is what comes out of an above-average salary.
An example calculation shows how much pension you get with a monthly salary of 4,500 euros. For pensioners who retire at the standard retirement age and receive the classic old-age pension, both the access factor and the pension type factor can be ignored. However, depending on the actual value of the pension, individual factors can vary to a greater extent, for example in the case of widows and widowers at a widows' and widower's pension. The current pension value of 37.60 euros indicates the amount a pensioner is entitled to per earnings point. This results in a monthly pension amount of around 2,237 euros. In the unlikely event that someone has always had a gross income of 4,.500 euros for over 50 years, he or she can expect a pension of 2, 237 euros, provided he/she retires at standard age.