Especially towards the end of working life, many long for retirement.
But that is getting further and further away.
When you can retire without deductions depends on various factors.
Berlin – When can I finally retire?
This is the question that keeps many employees busy.
After all, the retirement age keeps changing.
There are also other factors that determine when someone can retire: For example, those who have been insured for many years or are chronically ill can retire earlier without fearing deductions.
Retirement age: Pension without deductions depends on the year of birth
Essentially it depends on when you were born when you can retire.
The retirement age is currently being gradually increased from 65 to 67 years.
This table shows the retirement age by year of birth:
Year of birth | retirement age |
|---|---|
1955 | 65 years and 9 months |
1956 | 65 years and 10 months |
1957 | 65 years and 11 months |
1958 | 66 years |
1959 | 66 years and 2 months |
1960 | 66 years and 4 months |
1961 | 66 years and 6 months |
1962 | 66 years and 8 months |
1963 | 66 years and 10 months |
from 1964 | 67 years |
This is the normal entry age at which most people can retire without deductions.
However, there are also special conditions that make early retirement possible.
For example, those who have been insured for a particularly long time can retire at the age of 63.
However, this only applied to people born before 1953.
For anyone born after 1964, early retirement is only possible from the age of 65.
If you were born between 1953 and 1964, the “pension from 63” will gradually be increased to a “pension from 65”.
But when is one considered long-term insured?
This form of early retirement - i.e. the old-age pension that is paid without deductions before the regular retirement age - only exists if you have paid into the pension fund for 45 years.
If you want to retire at 65, you must have started paying contributions at the age of 20 and have been paying them continuously.
If you have taken a break in the meantime, for example because of unemployment, then these years do not count as contribution years.
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When you can retire depends on many factors
© Martin Wagner/Imago
Deduction-free pension for the chronically ill: It works with the severely disabled ID card
There are also exceptions for people who have a severely disabled pass.
This is also available for people who have chronic diseases.
After 35 years of insurance, the severely disabled may retire earlier without a deduction.
The following table summarizes which year of birth is associated with which early pension:
vintage | Retirement age with severely handicapped ID card |
|---|---|
1952 | 63 |
1953 | 63 |
1954 | 63 |
1955 | 63 |
1956 | 63 |
1957 | 63 |
1958 | 64 |
1959 | 64 |
1960 | 64 |
1961 | 64 |
1962 | 64 |
1963 | 64 |
1964 | 65 |
In order to receive the severely disabled pass, the pension office must have determined a degree of disability of at least 50.
Retire earlier with deductions
If you still want to retire earlier, you can of course do so.
However, you have to reckon with deductions on your pension.
What many do not know: The deductions then apply forever, i.e. not just until the regular retirement age.
0.3 percent of the pension is deducted for each month that you retire earlier.
List of rubrics: © Martin Wagner/Imago