Statutory Old Age Pension Scheme
Statutory Old Age Pension Scheme Gesetzliche Rentenversicherung Coverage Mandatory insurance Employees (incl. persons in vocational training and economically active persons with disabilities). Specifi
Occupational Pension Schemes
Occupational Pension Schemes Betriebliche Altersvorsorge Coverage Voluntary participation Private sector employees; plans provided by employer, often based on collective agreement. If no plan is provi
Farmers’ Old Age Security Scheme
Farmers’ Old Age Security Scheme Landwirtschaftliche Altersvorsorge Coverage Mandatory insurance Self-employed entrepreneurs and spouse/partner working in the agrarian sector (e.g. farmers, foresters,
Private Pension Scheme: Riester Pension
Private Pension Scheme: Riester Pension Riester-Rente Coverage Voluntary participation All persons mandatorily insured in the statutory old age pension scheme . Persons covered by civil servants’ old
Civil Servants’ Old Age Pension Scheme
Civil Servants’ Old Age Pension Scheme Beamtenversorgung Coverage Civil servants and judges; soldiers of the Federal Armed Forces; certain holders of public offices. 1 Financing Fully tax-financed out
Basic Income Support
Basic Income Support in Old Age Grundsicherung im Alter Coverage Persons residing in Germany who have reached the standard statutory retirement age and cannot sufficiently cover their necessary subsis
Private Pension Scheme: Rürup Pension
Private Pension Scheme: Rürup Pension Basisrente Coverage Voluntary participation Persons with taxable income residing in Germany. Financing General finances Fully funded personal pension plans based
Statutory Old Age Pension Scheme
Statutory Old Age Pension Scheme Пенсия за осигурителен стаж и възраст Coverage Mandatory insurance Majority of economically active part of the population, i.e. 3 rd labour category (non-hazardous job