This is how lucrative are children for retirement - enough compensation for parents?

Times of child-rearing affect the later pension.

But how high is the compensation for the fact that parents often work less in the first few years?

Anyone who brings up children receives

to the

.

This is intended to compensate for the fact that mothers and fathers often work less in the first few years.

What exactly does the

look like

?

Raising children ensures more pensions for parents

Parents get

for the

, explains the German Pension Insurance Association in Berlin according to a report by the German Press Agency (dpa).

In addition,

the time up to the age of ten of a child is included

in the

.

Read here

Later retirement: This is how child-rearing periods are taken into account

These

times have a positive effect on

, as the report goes on to say.

Parents could also close gaps in their insurance biography

with

.

In addition, a simultaneous

rated better in the context of the pension calculation.

This

worthwhile, as the report goes on to say: the

can therefore be

upgraded

by up to 50 percent

in the case of

, for example due to

, due to

allowance periods.

“The salary is topped up to a maximum of the average salary.

The average wage in 2020 is around 40,551 euros.

This revaluation is for times from 1992, ”writes dpa.

This would

benefit

persons who had at least 25 insurance years at the beginning of their pension.

In addition, the child must have reached the age of three.

Sources: dpa, German pension insurance

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