High pent in Germany: You can really expect that much in old age!

High pent in Germany: You can really expect that much in old age!

The pension represents the main source of income for many people in old age. The amount of the pension results from the individual contributions and the years in which someone has paid into pension insurance. The simple principle: the longer and more intensely the deposits are made, the higher the pension. But there is an upper limit for pension payments in Germany. But what is the maximum pension that can be obtained in Germany?

In order to obtain the highest, insured persons must pay continuously into pension insurance for at least 45 years and earn the salary of the so -called contribution ceiling. This limit has been 7550 euros per month in the general pension insurance since January 1, 2024, which corresponds to an annual limit of 90,600 euros. This regulation ensures that the height of the pension remains stable even with increasing income.

This is how the earnings points

The maximum pension is calculated by a special pension formula:

earnings x Access factor x Current pension value x pension factor = pension per month (gross).

earnings points are calculated by shared personal annual income by the average income of all insured persons in Germany. For 2024, this average income is 45,358 euros gross annually. Anyone who reaches this height receives a fee per year. Those who lie above it collect more points, while fewer points are achieved.

The access factor plays an important role in the pension calculation. If you retire before the regular age limit is retired, you have to count on discounts. Conversely, the person who waits longer after reaching the age limit will receive surcharges - possibly up to 100 euros more per month. Those who retire exactly at the time of the regular age limit has an access factor of 1.00.

Currently the pension value has risen to EUR 39.32 per fee, as the German pension insurance in April 2024 indicates. This means that every payment point that you collect means this sum as a monthly pension.

The pension factor measured what type of pension it is. This factor is 1.0 for old -age pensions and pensions due to full disability, while in cases of partial disability the factor is 0.5.

Thanks to the contribution ceiling, there can be a maximum of two pension points per year. In order to find out, the design limit is shared by the provisional average fee: 90,600 euros divided by 45,358 euros results in exactly 2 pension points per year. This means that someone who works for 45 years and creates the maximum number of two pension points every year can achieve a total of 90 pension points.

The invoice for the possible maximum is as follows: 90 pension points x 1.00 (access factor) x 39.32 euros (current pension value) x 1.0 (pension factor) results in a monthly pension of 3538.30 euros gross.

This means that the current high -pure trente in Germany can be estimated at 3538.30 euros. Nevertheless, very few people receive more than 2000 euros, while more than 3000 euros pension are extremely rare. According to the 2022 pension insurance report, only 50 pensioners who have paid into the pension fund prematurely have often achieved this for over 50 years. The achievement of the high -pension remains an almost impossible task.

It should be noted that taxes and levies must be paid on the pension payments. Pensioners are also obliged to submit a tax return, otherwise punishments can threaten. It is interesting that the dual taxation of the pension should be abolished in the near future, which could benefit many pensioners. In this regard, it is advisable to take a look at the corresponding legal provisions in order to determine how much pension is taxable. Many have already taken measures to apply for repayments if they are affected by the double taxation, such as www.mainpost.de reported.