Beware of fraud: German pension insurance warns of bad scams. Fraudsters often pose as pension insurance employees in a deceptively genuine letter, during an unannounced home visit, or an unexpected telephone call.
The recipients of the messages are asked to send personal or company-specific information. The affected pensioners are often asked to transfer money directly to someone else's account - otherwise there is a risk of their pension being garnished, pension cuts or other disadvantages. “Under no circumstances should those affected transfer money domestically or even abroad based on these requests,” says the DRV.