Interesting facts about retirement in Germany

We will sound one interesting fact: in Germany, one of the most effective pension systems in Europe. Why? Read on.

Main types of payments

Pensions in Germany are divided into three categories:

- Issued by age.

- Dependent grants (they are added when the survivor is lost).

- Payments for disability, if there is a complete and professional disability in a person.

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Consider the first type - these are pensions in Germany, which are issued by age. This includes several types of payments:

- The total payment upon reaching a person of 67 years (effective from 2012), if there is at least 5 years of service.

- Benefits for the loss (partial or full) of the work capacity of people when they reach the age of 60 years, if a person is found unfit for work and his experience is from 35 years.

- Payment by age of the unemployed or those who are partially employed, at the age of 60 years. This applies to people who have been without formal employment for the past 1.5 years, as well as to employees who work part-time at least 52 weeks or 24 months. Work experience should be from 15 years.

- Payments to those who have more than 35 years of experience in the country.

- Payments only to women born in 1952, who have reached the age of 60, who have worked in the country for 15 years. 10 years and 1 month should fall on the period after their 40-year-old age.

- Benefits for miners with an experience of 25 years, reached 60 years.

Pensions in Germany do not accrue automatically. We must apply for a certain type of payment. To do this, you need to fill out a special form. Only those people who earned it can receive a labor pension. Such a right can not be transferred, it arises under the conditions described in the laws. The main requirement is the occurrence of an appropriate age, determined separately for each category.

Essential moment

To receive a pension in Germany, you need to have a certain number of years of work activity, which is insured. This is called Wartezeit. Depends everything on the type of benefits. This period can be in the range from 5 to 35 years.

The average pension in Germany in 2013 is 1266 euros.

Insurance

In this country there are several types of security. There are three main levels:

- Compulsory state support.

- Insurance in enterprises.

- Non-state provision, private funds.

State insurance is mandatory for all people whose monthly income is more than 3900 euros before deducting the necessary taxes. The system is quite traditional. Its essence lies in the fact that working residents make deductions to the fund, due to this, pensioners live. The principle of redistribution operates in the country - it is a kind of solidarity agreement for people of different generations. There is no accumulation of contributions, they are immediately used. Many high-income Germans are refusing public services, referring to private traders. This is popular with farmers and entrepreneurs. The payer himself decides how much he will deduct, when he enters into an insurance contract for his pension.

The size of the pension in Germany is decent, we have something to learn from them. Residents of this country are sure that if they do not take care of their own security in old age, then no one will do it. Therefore, one should not think that a high allowance is due only to the state authorities of the country, as many Russians believe.