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Found 11 results

  1. Direktzusage Pensions

    Anyone have experience setting up a 'Direktzusage' pension scheme for employees from an employer perspective? Would be interested in discussing this with a professional in this field on a hourly fee basis. PM me please or feel free to share your experiences. Thanks.  
  2. Riester-Rente for American Expats

    So I've combed through these forms reading all I can about pension planning for American expats here in Germany and haven't been able to decide on a suitable direction. I've also e-mailed @Starshollow's company for advice (after reading this thread: but I'm curious if any other fellow Americans have come across this.   I'm a 30 year old who has been living here for exactly 5 years now, paying into state pension the entire time. I work full-time as a web developer for a German company and near the end of next year (2018) I'll be up for permanent residency on my blue card (I've only had this since Feb 2016). We do have a company pension here, my employer contributes a maximum of 35€ and we do the rest per month, and it's offered through either Allianz or Zurich. I have an appointment with someone from Zurich in the future to discuss options. The thing is, everything I've read has scared the crap out of me. It almost seems as though depending entirely on this for retirement is a huge mistake and I'm not sure I'm willing to take the risk. I just want to throw my arms up at this point and settle for a savings account that I put 100-300€ in a month. Though I know that probably won't be a good idea either. It seems after reading the above thread that the best option is a Riester-Rente "ungezillmerten". But then after feeling quite satisfied with my discovery, I also found that a.) They are few and far between and b.) not offered to American citizens thanks to FATCA and FBAR. Is this really the case? Has anyone found (what they believe to be) a working solution?
  3. I recieve Austrian, German and UK state pensions. My UK pension is almost a full pension as I have paid 32 years contributions, however most of those contributions were Class II voluntary contributions. I pay the usual 7,3% health insurance and 3,3% care insurance to my Krankenkasse from both my UK and Austrian pensions and it is automatically deducted from my German pension. Now someone on a UK forum has suggested that my UK pension entitles me to free health insurance from the AOK. Does anyone know anything about this?
  4. Hello, I wonder if anyone is  receiving Swedish pension benefits (both allmän and/or tjänstepension) while working here in Germany and receiving Kurzarbeitergeld. I am eligible to receive pension bennies soon, but want to know if receiving this money will in any way reduce my Kurzarbeitergeld amounts. Perhaps important in this context is the fact that the amounts will not be a full pension, but rather only from work for approx. 15 years in Sweden.   I have found this online: "Die Teilrente wird nicht auf das KUG angerechnet. So sieht es der Anwendungsausschluss  des § 156 SGB III im Sinne des § 107 Absatz 2 SGB III vor." (Source: Maybe the Swedish pension could be considered a Teilrente because of the amount.   Thanks all.
  5. Check Pension contributions

    Is there a way to check how much money I have paid to state pension and how much I will get when pension age comes ?   is there a way to request this online ?    why can not Germany make such website when many countries have it ? 
  6. Hi,   I have been paying into the betriebliche Altersversorge since I moved to Germany in 2012, have been with the same employer the whole time. I'm embarrassed to say that I don't actually understand that much about the BaV or how it works, I just took it out because everybody around me recommended it. I took a year of Elternzeit in 2016, and another year in 2018, and was asked each time if I wanted to continue the payments myself, which I declined. I am now due our third child and will take another year of EZ and am thinking of continuing the payments this time. My question is, is it worth continuing the payments during EZ seeing as my employer won't be matching the payments during that period? If it does make sense, should I consider topping up my payments to make up for making 0 contributions during my first two EZ? And lastly, is there another scheme I should perhaps consider? The insurance guy for our company mentioned today the Riester scheme because it's supposedly a good option for 'large' families. Any advice? Thanks!
  7. Greetings! I recently retired from the United States Government -- Executive Branch, non-military -- and have moved to Germany to reside with my German national partner. She guided me through the process of getting my German Residence Card (one year, renewable, I suppose) and now I've rented a house. Now I am looking at taxation issues. I have two components to my retirement pension right now, as I am 55 years old and not yet eligible for social security: (a) my actual federal pension. It seems from what I've read online that my actual federal pension is non-taxed by the government of Germany. That seems to be good news. (b) my Thrift Savings Plan income. I don't have an annuity but in the near future I plan to start drawing down my TSP in even monthly payments based upon my life expectancy. Is TSP income taxable in Germany? Thanks very much for any information anybody has to offer. 
  8. UK state pension

    Just checked my UK pension and despite having the req'd 35 years of NI contributions, the DWP website says I will need to contribute for another 8 years if I want to have the full pension of 175 GBP a week. Now I opted out of SERPS many years ago and I accept having a reduced weekly pension scheme but to be told I have to contribute for a further 8 years seems a bit confusing. Anyone else come across this anomaly?
  9. I have used the search function but cannot find an answer. If I claim my German pension at 63 then move back to the UK what happens to the pension? Do I get a German and Uk pension?
  10. Hi, can anyone help with advice on whom to contact regarding compulsory surcharges for welfare costs such as pensions, unemployment, health, etc   I'm a freelancer and have a Steuerberater who says he cannot help with these matters. I wrote to the tax office and they said this is not their responsibility either.   Which state organisation is responsible for administering and/or collecting payments for such things? I can't work out who I should be sending money to or how much!   Any advice gratefully received Thanks Mark
  11. I am a USA/German dual citizen and I lived and worked in Germany Between 2015 and 2019. I recently moved to the UK. Therefore I spent 4 years paying German state pension insurance through my employer.   I know that it takes a minimum of 5 years (20 months) of contributions to become vested in the pension system and since I am below that, I can request to have my contributions refunded, so I'm wondering if that makes sense for me.     1. Would I get the full reimbursement for my contributions? 2. Could I go back to Germany, work for one more year and become vested? 3. What determines how much someone receives after pension age?     Any advice would be greatly appreciated!