Germany Pension
Estimate your statutory German pension (Gesetzliche Rentenversicherung). Adjustable for future fiscal updates.
Statutory German pensions are calculated using the "Rentenformel". The current standard value is €39.32 per Entgeltpunkt.
Future vs Present
How the German Pension System Works
The German pension system, or Gesetzliche Rentenversicherung, is a pay-as-you-go system based on "Pension Points" (Entgeltpunkte). Your final pension amount depends on how many points you accumulate during your working life in Germany.
Calculatiing Your Pension Points
One pension point is earned if you earn the average German salary for a full year. If you earn twice the average, you get two points. If you earn half, you get 0.5 points. The total points are then multiplied by the "Pension Value" (Rentenwert) at the time of your retirement.
Retirement Age in Germany
The standard retirement age in Germany is gradually increasing to 67. Our Rentenrechner helps you see how retiring early might impact your monthly payouts through "deductions" (Abschläge).
German Pension FAQ
What is the "Rentenbescheid"?
Every year, the Deutsche Rentenversicherung sends an annual statement (Rentenbescheid) to everyone over 27 who has contributed for at least five years, detailing their accrued points and estimated future pension.
Can foreigners claim a German pension?
Yes, as long as you have contributed for at least 5 years (the "Wartezeit"), you are eligible for a German pension, even if you move back to your home country.
Does my spouse get a pension if I pass away?
Germany provides "Hinterbliebenenrente" (survivor's pension) to widows, widowers, and orphans under specific conditions, ensuring long-term family security.