Pension: There is also money for work abroad in old age

Created: 2022-06-08 15:16

Working hours abroad can be relevant for later pension entitlement - each country then pays the benefit from the times spent there.

© Frank Rumpenhorst/dpa

Anyone who has temporarily worked in other European countries should report this to the pension insurance agency.

Because these times may also count for later pension entitlements.

Berlin – Temporarily move to the warm south and live and work there.

This is a dream that some Germans fulfill in the course of their lives.

It is important to know that working hours abroad can be relevant for later pension entitlement.

The German pension insurance draws attention to this.

Anyone who has temporarily worked abroad - for example in other EU countries - should report this to the responsible pension insurance agency.

Pension: periods of employment are added together

This can help those affected, for example, to meet the requirements for pension entitlement.

This includes, for example, a certain minimum insurance period: for long-term insured persons who want to retire at 63, this is 35 years in Germany.

Periods of employment accumulated in different countries can be added together.

The times are added up according to European community law between the states of the European Union as well as Liechtenstein, Iceland, Norway and Switzerland.

Pension: Payments from several countries are also possible

Germany has concluded social security agreements with many other countries that also contain rules on aggregation.

Among them are Tunisia, Turkey, the USA and Australia.

If the requirements for a pension are met, each country pays the benefit from the periods completed there.

Pension payments can thus be made from several states at the same time.

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The following also applies: If you do not reach the minimum insurance period despite adding up the periods, you can usually have the contributions paid reimbursed.