Early Retirement Calculator by Rechnerzentrale

Your gross pension without deduction

Monthly standard pension from your pension statement (without deduction).

I was born in , will have contribution years when I retire and want to retire at .

Contribution years at retirement

From 35 contribution years: pension for long-term insured from 63, with deduction.

Desired retirement age

Your standard retirement age: 67 years (§ 235 (2) SGB VI).

Your pension after deduction

per month

€1,284.00

Retiring at 63 years: 48 months before the standard retirement age. The 14.4% deduction permanently costs you €216.00 a month.

Pension without deduction

€1,500.00

Deduction (14.4%)

− €216.00

Pension after deduction

€1,284.00

Pension by retirement date

Drag the dot to your desired retirement date – to the month. Every month earlier costs 0.3% of the pension.

Pension without deductionPension after deductionDrag or use the arrow keys to move the start by one month.

What you can do

The deduction is for life
The deduction of 14.4 % is permanent (for life) and is not offset by future pension adjustments.
Every month later means more pension+€4.50
For every month you retire later, the deduction falls by 0.3%.
Don't know your pension without deduction yet?
Estimate it with the pension calculator

How this was calculated

Deduction = min(48 × 0.3%; 14.4%) = 14.4%

Pension after deduction = €1,500.00 × (1 − 14.4%) = €1,284.00

From 35 contribution years: retirement from 63 possible, with a deduction of 0.3% per month (at most 14.4%), § 77 SGB VI.
From 45 contribution years: no deduction from a staggered age limit (63–65 depending on year of birth), § 236b SGB VI.
Not covered: severe disability (§ 236a SGB VI) and pensions after unemployment or partial retirement.