Just as you can design your retirement to meet your individual needs, there
are many different ways to finance your security and independence in old age. Here we
have compiled everything you need to know about ways to take care of finances so your
golden years can be happy.
Are you saving for your old age with a Riester contract? Then, under certain conditions, you will receive a tax incentive from the state in the form of an old-age provision allowance.
Are you a compulsory member of a professional pension scheme? If so, you can apply for exemption from compulsory insurance in the statutory pension insurance scheme.
Do you receive an income outside of agriculture that is more than twelve times the mini-job limit per year? If so, you can be exempted from compulsory insurance with the agricultural pension fund under certain conditions.
A serious illness may mean that you cannot work until the regular age limit. As an affected person, you can apply for a pension for reduced earning capacity.
If you are temporarily unable to use your tax-subsidized property yourself due to a work-related absence, your housing subsidy account will not be closed under certain conditions.
If you work as a relative in an agricultural company, you can be exempted from compulsory insurance by the Agricultural Pension Fund under certain conditions.
When payment of your pension plan begins, the Central Allowance Office for Pension Fund Assets (ZfA) will determine the balance of your home subsidy account, the reduction amount and, if applicable, the liquidation amount and notify the relevant tax office of these amounts.
If you have set up a power of attorney and/or a care directive, you should register it in the Central Register of Lasting Powers of Attorney of the Federal Chamber of Notaries.
If you are recognised as a displaced person or late repatriate, you should apply for clarification of your pension insurance account so that your insurance periods from abroad can be taken into account.
Are you or were you insured with the Landwirtschaftliche Alterskasse and need information about your future old-age pension entitlements and your pension start date? You can request this informally at any time.
If you give up your residential property or no longer use the tax-subsidized property yourself, your housing subsidy account will be closed and you will have to pay tax on the resulting liquidation amount.