Own contribution plus grants are subsidised up to €2,100 a year.

I earn € gross a year, and am . I receive child grants for children born from 2008 and children born before 2008. I start at and retire at .

Your subsidy

per year

€443.79

€443.79

For €1,200 own contribution you receive €129.23 in grants and €314.56 in tax benefit – funding rate 37%. By age 67 this grows to about €90,600, roughly €302.00 pension a month.

Your annual contribution of €1,329.23

  • You (after tax benefit)€885.4467%
  • Grants€129.2310%
  • Additional tax benefit€314.5624%
Funding rate
37%
Capital at retirement (forecast)
€90,599.64

Your Riester capital until retirement

Own contributions, grants and returns year by year. Drag the end of the curve to change your retirement age.

€50,0000 y10 y20 y30 y40 y50 y
Own contributionsGrantsReturnsDrag or use the arrow keys to move the retirement date (62 to 70).

Own contributions versus capital

Paid in per year (with grants)
€1,329.23
Capital at retirement (forecast)
€90,599.64
Monthly pension (approx.)
€302.00

What you can do

  • New Riester contracts only until 31 Dec 2026

    Under the Pension Provision Reform Act (BGBl. 2026 I No. 156), contracts under the previous rules may no longer be sold after 31 Dec 2026 (Section 14 (7) AltZertG). Existing contracts continue with allowances. New contracts from 2027 use the new subsidised products, such as the pension savings depot. Go to the pension savings depot calculator

  • Minimum contribution not reached: €1,625.00 a year needed

    With the minimum contribution you would get €45.77 more in grants a year.

  • The tax deduction adds €314.56

    The special-expense deduction is better for you than the grants. The tax office refunds the difference (automatic comparison).

How this was calculated
Basic grant
€175.00
Grants
€129.23
Additional tax benefit
€314.56
Funding rate
37%
Minimum own contribution for the full grant
€1,625.00
Term
37 years
Paid in per year (with grants)
€1,329.23
Capital at retirement (forecast)
€90,599.64
Monthly pension (approx.)
€302.00
  • Basic grant: €175 per year
  • Child grant: €185 per child (born before 2008), €300 per child (from 2008)
  • Minimum own contribution: 4% of the previous year's gross income minus grants, at least €60
  • Maximum special-expense deduction: €2,100 per year
  • Career starter bonus: one-off €200 if you start before 25
  • Forecast with 3% return and 4% annuity rate per year

Riester Pension Calculator 2026 by Rechnerzentrale(opens in a new tab)2026 values