What benefits are included in the statutory pension insurance?
February 9, 2023 | 50,00 EUR | answered by Fred Schönecker
Dear Lawyer,
I am reaching out to you because I am unsure about my claims from the statutory pension insurance and would like to have more information about it. My name is Erwin Altmann and I am 55 years old. I have been working for over 30 years in a medium-sized company and regularly contribute to the statutory pension insurance.
I recently heard from an acquaintance that the statutory pension insurance includes various benefits that I may be able to benefit from. Since I plan to retire in a few years, I am concerned about whether my previous contributions will be enough to secure my livelihood in old age.
Therefore, I would like to know from you what specific benefits the statutory pension insurance includes and if there are ways to optimize my claims. For example, are there additional benefits that I may be entitled to? How can I best secure and possibly increase my pension entitlement?
Thank you in advance for your support and I look forward to your expert advice.
Sincerely,
Erwin Altmann
Dear Mr. Altmann,
Thank you for your inquiry regarding your claims from the statutory pension insurance. It is understandable that you are concerned about whether your previous contributions will be sufficient to secure your livelihood in old age. I will now explain to you in detail what benefits are included in statutory pension insurance and what options there are to optimize your claims.
Statutory pension insurance includes various benefits aimed at securing the standard of living in old age. These include old age pension, disability pension, widow's and widower's pension, orphan's pension, as well as rehabilitation measures to improve employability. The old age pension is the most important benefit and is granted when you have reached the regular retirement age and can prove a certain number of contribution periods.
To secure and possibly increase your pension entitlement to the best possible extent, there are various options. For example, you can voluntarily pay contributions to the pension insurance to increase your pension entitlements. The consideration of child-raising periods or care periods can also have a positive impact on your pension entitlement. Additionally, there are supplementary benefits such as Riester pension or company pension schemes that can complement your statutory pension.
To analyze your individual situation precisely and provide you with the best possible advice, I recommend scheduling an appointment for a personal consultation. In a personal meeting, we can together review your pension entitlements and discuss optimization possibilities.
I hope this information helps you and I am available to answer any further questions you may have. Thank you for your trust and I look forward to getting to know you better in a personal consultation.
Sincerely,
Fred Schönecker
Attorney specializing in social security law
