Retirement at 63: no insurance years – loophole helps
Created: 01/09/2023 05:01
By: Patricia Huber
If you want to retire early without deductions, you need a few insurance years.
But there is a trick that can make this easier.
Berlin/Munich – More and more people want to retire earlier.
This also makes the so-called pension very attractive for those who have been insured for a particularly long time.
If you have accumulated 45 insurance years, you can retire earlier without deductions.
This option is also often referred to as retirement at 63.
Retirement from this age only applied to those born up to 1953. It was raised gradually for everyone else.
So if you were born in 1958, you can draw an old-age pension without deductions at the age of 64 with 45 years of insurance, for example.
Retirement at 63 increasingly popular
When the government introduced this option to retire at 63, the government had forecast around 200,000 claimants for the full pension each year.
According to the pension insurance, around 257,000 applications were made last year.
In 2020 there were around 260,000 applications.
The president of the pension insurance, Gundula Roßbach, told the dpa: "People take advantage of the opportunities they have by law."
Actually, these 45 years also include times in which the future pensioner received unemployment benefits.
A problem arises, however, when pensioners have already paid into the pension fund for 43 years and then become unemployed shortly before retirement.
Because the receipt of unemployment benefit then no longer counts as part of the pension payment years.
Pension without deductions at 63: Unemployment benefit and mini-job as a solution
But there is a loophole through which you can still get your status as a particularly long-term insured person.
"If insured persons become unemployed in the last two years before retirement and have not yet reached 45 years of insurance, a mini-job can help," explains Katja Braubach from the German Pension Insurance Association to
However, if you want to use this option, you should be careful not to be exempted from compulsory insurance, as is possible with mini-jobs.
If you are exempt, the job only counts proportionately, Braubach makes clear to the online portal.
Then there is no personal contribution of 3.6 percent.
In addition, when receiving unemployment benefit I, only 165 euros may be earned per month without being offset against the unemployment benefit.
There is also a limit to the number of hours per week: You can only work 14 hours per week so that you do not lose your entitlement to money from the office.
One thing is clear: Anyone who loses their job two years before reaching the 45-year mark should definitely consider the option of a mini-job in combination with unemployment benefits.
However, if you have the opportunity to stay in your old job until you reach the age of 45, you should think carefully about whether you want to use this loophole.
After all, in most cases this is also accompanied by a loss of income and thus a lower pension in the future.