The German pension system offers different services for different life situations. In addition to the classic old -age pension, there are numerous other pension species, for example for the disabled or survivors.
The most important types of pension at a glance
The German Pension system is based on the principle of solidarity funding. Employees make contributions to the pension fund during their professional life and receive benefits in old age or in certain life situations. In addition to the statutory old -age pension, there are pensions for those who are forces, survivors and people who have been damaged by accidents or special circumstances. Loud T-online There are several pension categories that differ depending on the individual requirements and needs
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Age pensions: securing living standards in retirement
The retirement pension represents the most common form of pension payment and serves the financial security after professional life. The regular age pension is paid to insured persons who have reached the statutory retirement age. According to the German pension insurance, this is currently 67 years, with at least five years of contributions required. For long -time insured persons with at least 35 years of contributions, there is the possibility to get an old -age pension prematurely. However, this is associated with financial discounts. On the other hand, particularly long -standing insured persons who demonstrate at least 45 years of contributions have the option of retiring earlier without any discounts.
Severely disabled people with a degree of disability of at least 50 can also apply for an old -age pension prematurely under certain conditions. Depending on the age and discount regulations, the individual demands vary.
Disability pension: Protection in the event of health restrictions
The disability pension offers financial support if health impairments restrict the professional activity. There is claim for insured persons who can only work to a limited extent or no longer at all for health reasons. A partial disability pension is paid if a person can only work between three and six hours a day. The full disability pension receive people whose ability to work is reduced to less than three hours a day. A prerequisite for both forms of pension is a minimum insurance period of five years and the fulfillment of the so-called three fifth assignment in the last five years before occurring disability.
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Survivors: Support for relatives
If an insured person dies, relatives can receive a survivor’s pension under certain conditions. The widow or widower’s pension is a financial security for the bereaved spouse. The large widow’s pension is paid permanently, while the small widow’s pension is only granted for a limited time. Under certain conditions, orphans are entitled to an orphan pension. As a rule, this ends at the age of 18, but can be extended when the training or a degree up to the age of 27. In addition to the classic survivors, the educational pension exists. Different insured persons who educate their own child or a child of the late spouse can apply for this service under certain conditions.
Accident pension: protection in the event of work accidents or occupational diseases
Anyone who suffers health impairments through an accident at work or an occupational disease can receive pension benefits from statutory accident insurance. The injury pension is paid if the ability to work is reduced by at least 20 percent by an accident at work or an occupational disease. If a person dies as a result of an accident at work or an occupational disease, the surviving entitlement to a corresponding pension. This service serves to secure family security after an accident recognized under insurance law.
Pension -like benefits of social compensation
In addition to the classic pension payments, there are other services that provide certain groups of people financial support. Victims of acts of violence can receive a compensation pension under certain conditions. There is also a pension entitlement for people who have suffered health damage through vaccination. These special pension benefits are intended to ensure that affected people receive financial security if they have been damaged by external circumstances.
Editor finance.net
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