Page modified: Saturday, June 24, 2006 09:36:34
The points of payment are after German social right a factor considering beside others in the pension formula. They are relevant thereby with for the height the pension of the legal old age pension insurance.
Points of payment are computed as follows:
- Each insurant exhausts a certain percentage from his current content as contribution over as introduction place called the legal health insurance company and/or direct payment of dues to the old age pension insurance.
- For these deposits the old age pension insurance calculates points of payment.
- Who transfers just as much as the average of all payers-in (the average payment is separate according to new and old Lands of the Federal Republic), gets annually one point. Who deposits only half of the average, gets accordingly only 0.5 points. Who deposits up to the contribution assessment limit, gets at present 1.8 points.
- Further points are taken into account e.g. for training periods and child educating times.
- These annually given points become with beginning of pension (as a rule thus with completion 65. Lebensjahrs) adds. Multiplies one with beginning of pension this total score by the entrance factor and the current bond arises the pension height.
Further factors are considered in the so-called pension formula. In this formula further measured variables are considered, which both on political decisions and on macro-economic influences, how are to be led back the demographic development.
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