Do you meet the requirements for the basic pension?
Created: 03/18/2022, 11:44 am
By: Janine Napirca
Are you entitled to the basic pension?
© Sascha Steinach/Imago
You can find out here whether you are entitled to the basic pension and how high the financial pension supplement is.
According to a report by the United Income Tax Aid, the basic pension is the
financial pension supplement that pensioners receive if they have had pension insurance for at least 33 years
but have earned less than the average.
Whether you are entitled to the basic pension depends on whether you meet the conditions for the basic pension.
You can find out what these are and how high the basic pension is here.
What is the basic pension?
According to the
German pension insurance
, the basic pension is an individual supplement to the pension.
Pensioners who have worked long hours and earned below average can be entitled to the basic pension supplement.
Who gets the basic pension?
According to the report by the United Income Tax Aid, the basic pension is intended for all those who have worked for at least 33 years and paid into the pension insurance system - but who have earned less than 80 percent of average earnings during their working life.
So that pensioners still have enough to live on and do
not have to apply for Hartz IV,
they have been receiving the basic pension since 2021.
Which retirement periods play a role for the basic pension?
In order to be entitled to the basic pension, you must have at least 33 years of so-called basic pension periods
according to the United Income Tax Assistance
.
These include:
Times with compulsory contributions from employment
child-rearing periods
care times
Times when you received sickness or rehabilitation benefits
According to the report, the basic pension surcharge starts in a so-called transitional area in which the
basic pension is staggered
if there are 33 years of basic pension periods.
In order to be able to receive the full amount of the basic pension, there must be at least 35 years of basic pension periods.
You can find out here what you can deduct from your tax as an old pensioner.
also read
Who gets basic pension and how much?
Are you entitled to the basic pension?
And if you qualify for the basic pension, how much are you entitled to?
Who gets basic pension and how much?
Up to 209 euros per month per child: Who is entitled to the child supplement 2022
The child supplement is paid together with the child benefit.
It is intended for low-income families.
What that means specifically.
Up to 209 euros per month per child: Who is entitled to the child supplement 2022
What can I have earned during my working life in order to receive the basic pension?
In order to be entitled to the basic pension, the average income achieved over the entire working life must not exceed a certain upper limit.
Exactly how much that is changes every year, because the
upper limit is 80 percent of average earnings in Germany
.
According to the report, the basic pension surcharge is calculated from
all basic pension periods in which earnings amounted to at least 30 percent of the average earnings in Germany
.
If your own earnings are less than this, this time is not counted.
According to the report, an average value is formed from the times that play a role in calculating the basic pension supplement, which is then doubled.
However, this value is limited to a value that corresponds to a maximum of 80 percent of average earnings.
According to the United Income Tax Aid, the additional amount calculated in this way is reduced by 12.5 percent and calculated for a maximum of 35 years.
Overview: Who is entitled to the basic pension?
pensioners who
have 33 or more years of basic pension periods together,
have earned an average of less than 80 percent of average earnings during their working life,
and have no more than EUR 1,250 monthly income (EUR 1,950 for married couples)
Source: United Income Tax Assistance
According to the report, there is no means test
for the basic pension – unlike for unemployment benefit II
.
According to the United Income Tax Assistance, only the income test decides whether you are entitled to the basic pension or not.
Read here when it is worthwhile to voluntarily pay into the statutory pension insurance.
By the way:
According to the United Income Tax Assistance report, 70 percent of those entitled to a basic pension are women.
In total, around 1.3 million people will benefit from the pension premium.
How much basic pension do I get?
According to the United Income Tax Assistance, the highest possible basic pension supplement is
418 euros per month.
But most pensioners who receive the basic pension are well below that.
The Ministry of Labor and Social Policy states that the average basic pension is around 75 euros per month.
(jn)
