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The pension formula serves for the computation the exact height the legal pension of each insured one in Germany.
The pension formula is standardized in "§ 64 sixth book social legislation (SGB VI).
It computes itself from the multiplication of the points of payment with annually the current bond adapted in dependence of the development of the gross wages and demographic changes, the factor of kind of pension and the entrance factor, cumulated in the course of the contributory business life.
Thus results the gross pension, which is reduced if necessary around contributions to the health insurance of the pensioners and around amounts of the income charge.
From the "pension formula" the pension adjustment formula is to be differentiated.
Mathematically noted the formula reads: Rente_ {mtl} = E \ cdot Z \ cdot R \ cdot A, whereby Rente_ represents {mtl} the monthly gross pension in euro, E the reached sum of the points of payment is, Z the entrance factor, R the factor of kind of pension and A the up-to-date valid bond in euro is.
From the multiplication of E \ Z cdot personal points of payment is determined.
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