Retiring at 63: What you should know in 2024.. As of: February 9, 2024, 6:01 p.m By: Caspar Ibel CommentsPressSplit More and more Germans are opting for the so-called pension at 63.

But who is eligible and under what conditions? An overview of the current regulations. In 2022, almost 19,000 people in Germany opted for an old-age pension for those who have been insured for a long time. With the latter, pensioners do not have to accept any deductions, but with the former they do.