When is it actually worth taking an earlier pension with discounts?. As of: February 9, 2024, 5:18 a.m By: Momir Takac CommentsPressSplit Anyone who wants to retire after 35 years of contributions must expect deductions.
Only people born between 1949 and 1963 can retire without deductions before their 67th birthday. Anyone born after 1964 has to accept financial losses, which is because the retirement age in Germany is gradually being raised. Depending on when you stop working early and retire, this can be up to 14.4 percent lower.