The baby boomer generation, which has the highest birth rate, will send 12.9 million workers into retirement in the next 13 years. 9.3 percent of gross wages end up in the statutory pension insurance every month.
With a gross salary of 4,000 euros, this corresponds to around 372 euros that will be paid. Depending on the salary, the payments range between 83.70 euros and 1,311.30 euros. If you close all the gaps in the contribution years early with additional evidence, the amount of the pension can be positively influenced. If the pension is received in the account on time, you can still realize the new phase of your life over the next few months.. According to the Munich-based Roman Herzog Institute, on average people in Germany work around 52,662 hours over the course of their lives. In the worst case, neglect can lead to an identity-forming function over thecourse of life, says Sebastian Kernbach, assistant professor at the University of St Gallen.