The standard age limit in Germany is currently being increased gradually and depends on the birth cohort. The standard retirement age is currently 67.
In order to be entitled to the regular statutory old-age pension, at least five years of contributions must have been paid into the statutory pension insurance. If these conditions are met, the pension can be started without deductions. In 2024, employees will also have the opportunity to retire without deductions, provided they have at least 45 years to the statutory insurance and have reached the age of 67. This means an earlier transition into the long-awaited retirement can take place. For people born between January 1st, 1958 and December 1st,. 1958, the year 2024 is crucial. This is because pension payments are always made in the following month. This limit increases gradually for subsequent birth cohorts until everyone born in 1964 can only retire normally at the ageof 67. The increase took place in small steps and was implemented through legal measures to adapt to demographic changes and economic developments.