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That's how much a housewife's pension is

2023-02-20T11:49:04.672Z


In life, women have often taken care of raising their children - and hardly paid into the pension fund. This causes financial problems as a pensioner.


In life, women have often taken care of raising their children - and hardly paid into the pension fund.

This causes financial problems as a pensioner.

Update from February 18, 2023:

In Germany, people can retire earlier after 35 years of contributions.

A step that should be carefully considered.

Because mostly it doesn't work without deductions.

When an earlier pension with deductions is worthwhile.

First report:

Hamburg/Berlin – Women who have spent most of their lives looking after the family and the household are often financially disadvantaged in old age.

You have the option of relying on your spouse for your pension and participating in his or her pension plan.

But divorce or a sudden death are risks as a pensioner - even if there is the possibility of a widow's pension for the latter.

There is no special pension for housewives.

The same conditions apply to them as to everyone else in Germany.

The legislature came up with a mother’s pension as a mitigation – our overview shows what it brings to housewives.

Type of pension:

mothers pension

Introduction:

July 1, 2014

Regulation:

Recognition of child-rearing periods

Law for pensioners:

§ 56 Sixth Book of Social Code

A lifelong housewife, now a pensioner – more pension points thanks to a mother’s pension

From the outset, the mother's pension was intended to prevent mothers from having a lower pension entitlement because they took care of their offspring in the first few years.

The name "mother's pension" for pensioners is somewhat misleading - because it is not a separate pension.

The name was used by the CDU/CSU in the 2013 federal election campaign.

Since January 1, 2019, the child-rearing period for children born before 1992 is even 30 months.

This was referred to as "Mother's Pension II".

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A lifelong housewife and mother, now a pensioner - the mother's pension is intended to help.

© WavebreakmediaMicro/Imago Images

Anyone who receives the mother's pension - fathers are also entitled as pensioners under certain conditions

So that the time for housewives is actually counted, they must submit the corresponding application V0800 to the German pension insurance.

The application must usually include a copy of the child's birth certificate and you must know your insurance number.

In addition to the mother, the following persons are also entitled - because they are recognized as pensioners:

  • parents of same-sex couples

  • adoptive parents

  • Foster parents

  • stepparents

  • grandparents and other relatives

Fathers can also receive the mother's pension as pensioners if the mother agrees.

If a father mainly looked after the child in the first three years, he would be entitled to the mother's pension.

However, this declaration must be received by the pension insurance no later than two months after the end of the three years.

A later explanation is possible if both parents brought up the child equally, but the father's part slightly predominates.

Basic security for pensioners: How high is the pension of a housewife

Those who – like many housewives – are not entitled to a pension can apply for basic security.

People in need who do not receive a regular old-age pension and cannot cover their living expenses with their income are entitled to basic security.

How high the basic security is depends on income and assets - the assets of the spouse are also taken into account.

Single adults get at least 449 euros, couples get 809 euros together.

Of course, housewives can continue to work in old age - some jobs are particularly suitable for pensioners.

The pension can also be increased by caring for relatives.

How parents as pensioners benefit financially from the mother's pension

The federal government's regulation on mothers' pensions is intended to tie in with this.

It takes effect for pensioners shortly after the reunification: for children who were born before 1992, the person responsible for bringing up children gets up to 2.5 years of child-rearing credited to their pension account.

Average earnings are taken as earnings.

For children born after 1992, there are up to three years of education and, accordingly, three earnings points.

Each year of child-rearing increases the monthly pension entitlement.

This table shows how parents benefit financially from the mother's pension:

monthly pension plus West

monthly pension plus East

Child born before 1992

up to 2.5 payment points

90.05 euros

88.80 euros

Child born 1992 or later

up to 3 payment points

108.06 euros

106.56 euros

Rubric list image: © WavebreakmediaMicro/Imago Images

Source: merkur

All life articles on 2023-02-20

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