How can I apply for a pension deferral?
December 28, 2023 | 55,00 EUR | answered by Christian Voigt
Dear Sir or Madam,
my name is Sophia Maier and I am looking for information on how to apply for a deferral of my retirement benefits. I am 63 years old and nearing retirement age. However, due to personal circumstances, I would like to continue working for a few more years and defer my retirement benefits.
My current situation is as follows: I have been employed for over 40 years and have built up a solid pension plan. As I am still fit and motivated, I would like to continue working and defer my retirement benefits in order to receive a higher monthly pension later on.
My concerns revolve around how to apply for the deferral of retirement benefits and what requirements need to be met. I want to ensure that I follow all necessary steps correctly and do not jeopardize my pension entitlements.
Therefore, my specific question is: How can I apply for a deferral of retirement benefits and what documents are required for this? Are there any specific deadlines that I need to be aware of? What impact does deferring retirement benefits have on the amount of my pension, and how can I ensure that I receive a sufficient pension later on?
I would like to thank you in advance for your support and guidance.
Sincerely,
Sophia Maier
Dear Mrs. Maier,
Thank you for your inquiry regarding the deferral of retirement benefits. It is commendable that you are thinking ahead about your pension and wish to optimize your retirement benefits. I would be happy to provide you with some information and tips on this matter.
To apply for a deferral of retirement benefits, you must first contact your responsible pension insurance provider. This can be done either in person at an advice center, by phone, or in writing. There, you will receive all the necessary information and forms for your application for deferral of retirement benefits.
There are certain requirements that must be met for the deferral of retirement benefits. Generally, the retirement age must be reached and there must be no entitlement to a disability pension. Additionally, a contribution period of at least 5 years after reaching the regular retirement age must be proven.
Various documents are required for the application for deferral of retirement benefits, such as your insurance number, ID card, pension notice, and other evidence of your employment or self-employment. It is important to submit all documents complete and correct to avoid delays in the processing.
There are no fixed deadlines to apply for a deferral of retirement benefits, but it is advisable to do so well before the planned retirement start date. The deferral of retirement benefits has a positive impact on the amount of your pension, as a supplement to the pension is granted for each month of deferral. Depending on your individual situation, this can lead to a noticeable increase in the monthly pension.
To ensure that you receive an adequate pension later on, you should regularly inform yourself about your pension entitlements, seek advice, and if necessary, take further retirement measures. Individual consultation by an expert in social security law can help you optimize your retirement benefits.
I hope that this information has been helpful to you. If you have any further questions or would like individual advice, I am at your disposal.
Best regards,
Christian Voigt, Attorney specializing in social security law
