"The pension is secure." But in old age it is often not enough to maintain the previous standard of living.
Therefore, there is no harm in taking care of yourself.
The German pension insurance explains how it works.
Berlin – The statutory pension is the number one source of income for many people in old age.
However, retirees should not rely solely on this – and instead supplement them with a private or company pension module.
But what is the best way to take precautions?
While many employees have long relied on the Riester pension, there are numerous other pension options such as ETFs.
The Deutsche Rentenversicherung (DRV) can support its policyholders with the planning in a special and free old-age provision consultation.
Pension: Supplementary provision very individual
Because the requirements for building up an additional retirement income can vary greatly from person to person, the DRV employees explain the respective products with their advantages and risks in a personal conversation.
The DRV team provides neutral advice and refrains from recommending individual products, according to the DRV.
In addition, the current status of old-age provision is analyzed.
Our free pension newsletter provides you with all the relevant news on the subject on a regular basis. Here
you can register.
There are information and advice centers nationwide.
Appointments can also be made there.
Anyone looking for a counseling center near their place of residence can use the DRV counseling center search on their website.
Voluntary pension contributions as additional provision
Another option for retirement provision is voluntary additional payments into the pension fund.
This year you have until March 31st to make voluntary contributions to the statutory pension insurance scheme for 2022.
The German Pension Insurance (DRV) Bund points this out.
This means that minimum insurance periods for a pension entitlement can be met and future pension payments can be increased.
In particular, people who want to secure their entitlement to a pension because of reduced earning capacity through voluntary contributions or who want to close gaps in the insurance process should definitely meet the deadline, the DRV reports.
With a subsequent payment, the minimum contribution is 96.72 euros per month, a maximum of 1320.60 euros can be paid in.
There is no distinction between the old and new federal states.
(ph/dpa)
List of rubrics: © Imago
