The old-age pensions of the agricultural old-age fund

Agricultural work is fulfilling, but it is also physically demanding and challenging. If the time has come to retire, the agricultural pension fund allows you to take out partial coverage.

Overview of old-age pensions

Depending on your year of birth, you will have reached the standard retirement age between 65 and 67, and we can offer you an old-age pension. Under certain conditions, this can also be done prematurely – from 55 at the earliest.

As a farmer, you have the option of the normal old-age pension, the early old-age pension from 55, the early old-age pension from 63, and the early old-age pension from 65. With the exception of the early retirement pension from 55, you can also claim our old-age pensions as an assisting family member.

  • From 65 – the normal old-age pension (standard old-age pension)
  • Early retirement pension from 55 (only for farmers)
  • The pension from 63 for those insured for many years
  • The pension from 65 for those insured for many years

From 65 – the normal old-age pension (standard old-age pension)

You will receive the normal old-age pension on application if you have

  • you have reached your normal retirement age and
  • have fulfilled the waiting period of 15 years.

The age limits for the normal retirement pension

The retirement age for the normal old-age pension, also known as the standard retirement age, has been gradually raised from 65 to 67 since 2012. You will find your standard retirement age, which depends on your year of birth, in the table below:

Reaching the relevant age between 65. and 67. age

reach the relevant age between 65. and 67. You have reached the age of 65 Birth cohortsYearsMonths
before 1947 65 0
1947 65 1
1948 65 2
1949 65 3
1950 65 4
1951 65 5
1952 65 6
1953 65 7
1954 65 8
1955 65 9
1956 65 10
1957 65 11
1958 66 0
1959 66 2
1960 66 4
1961 66 6
1962 66 8
1963 66 10
from 1964 67 0

Early retirement pension from 55 (only for farmers)

As a farmer, you can claim your early retirement pension up to 10 years before reaching your normal retirement age, if

  • you have fulfilled the waiting period of 15 years and are
  • your spouse is or was already entitled to the normal old-age pension or early old-age pension for those insured for many years.

Reduction for early retirement pension from 55

If you claim an early retirement pension at 55, you must bear in mind that we can only pay you this pension with a discount. For each calendar month for which you claim an old-age pension early, your pension is reduced by 0.3 percent.

The age limits for early retirement pensions from 55 onwards

The earliest possible starting age for this type of pension will be gradually increased from 55 to 57 years of age.

You can find your age limit, which depends on the year of birth, in the following table.

The relevant age is reached between the age of 55 and the age of 65. and 57. Age

Pension from 63 for those insured for many years

You can apply for an early old-age pension for those insured for many years from the age of 63 if you are

  • the 63. age reached and
  • have completed the qualifying period of 35 years and
  • you have completed the long insurance or. have completed a qualifying period of 45 years.

Your agricultural pension fund will be happy to answer any questions you may have about the long insurance and crediting period of 45 years.

The early retirement pension from 63 is free of deductions. If you meet the requirements for this type of pension, we will pay you the pension without deductions in the pension calculation.

The age limits for early retirement pensions from 63

The retirement age for this type of pension will be gradually increased from 63 to 65 years of age.

The following table shows the relevant age limit for claiming an early old-age pension as of 63. For those born in 1964 or later, the 65. age.

The pension from 65 for persons insured for many years

You can apply for an early retirement pension for persons insured for many years from the age of 65 if you are

  • reached the age of 65. you have reached the age of 63 and
  • have fulfilled the qualifying period of 35 years.

Early retirement pension at 65: Possible with or without deductions

If you have been insured for many years or have reached. If you have completed the qualifying period of 45 years, you can claim this pension without deductions. If you have less than 45 years of service, we can only grant you this pension with a deduction. In this case, your pension will be reduced by 0.3 percent for each calendar month for which you claim this old-age pension early. Your agricultural pension fund will be happy to answer any questions you may have.

Waiting period – frequently asked questions

What is a waiting period at all?

A waiting period is a minimum insurance period that you must have fulfilled to be able to claim a pension. This means that you must have been a member of the old-age insurance system for a certain period of time before you can draw a pension. Depending on which type of old-age pension you wish to claim, this minimum insurance period is 15 or 35 years.

Which periods are counted towards my waiting period?

For the waiting period of 15 or 35 years, we take into account all compulsory contributions as well as voluntary contributions which you have paid to the agricultural pension fund or which are considered to have been paid.
If a pension equalization was carried out in your favor, the transferred entitlement will be converted into waiting period months.

Attention for contributions for periods before 01. January 1995!
As a rule, these periods are only taken into account if contributions have been paid without interruption. Please inform yourself in good time at the agricultural pension fund. We will be happy to advise you.

Can periods from other pension schemes also be taken into account?

Yes, we can also count periods from other pension schemes towards your waiting period. However, this is only possible if you have paid contributions to the agricultural old-age insurance fund for at least one month.

Attention!
If the third-party periods overlap with those of the agricultural pension fund, we cannot credit the third-party periods at the same time.
This also applies if you were exempt from compulsory old-age insurance as an entrepreneur during the same period.

An exemption from compulsory insurance as a family member, on the other hand, does not prevent the crediting of periods completed by others during this time.

Which periods of other pension schemes can be credited?

We can credit the following periods:

  • Periods of compulsory contributions to an institution of the statutory German pension insurance and equivalent periods of social insurance of the former GDR,
  • Periods of exemption from insurance in the statutory pension insurance, z. B. as a civil servant, judge, professional or temporary soldier, or other person covered in the same way as a civil servant,
  • Periods of exemption from compulsory insurance under the statutory pension insurance scheme, e.g. B. Salaried employees and self-employed persons who belong to a professional pension scheme; teachers and educators at private schools, if there is a pension scheme similar to that for civil servants,
  • certain foreign periods according to supranational and intergovernmental law.

Pension and additional earnings – this is important to know

The old-age pension from the agricultural old-age insurance fund is an important component of your coverage, but it only provides partial coverage. For many pensioners, the question arises whether they are allowed to earn additional income and, if so, how this affects their pension.

The monthly gross salary, the monthly taxable profit (income from business and self-employment) and comparable income, such as early retirement benefits, are considered additional income. Monthly income from agriculture and forestry can also count as additional income. This applies as long as you or your spouse or. your spouse still runs a business of the minimum size or more.

If you still feel fit enough, you may earn some additional income on top of your old-age pension. Additional earnings do not cause your pension entitlement to lapse, but may affect the amount of your old-age pension. A high additional income can even lead to a complete reduction of your pension. However, only if you have not yet reached the standard retirement age, i.e. if you have retired early.

If you have reached the standard retirement age, you can earn an unlimited amount of additional income without having your retirement pension taken into account.

Offset of additional earnings – only for pensions starting in January 2019 or later

Additional earnings can only influence the amount of your old-age pension if your old-age pension is paid from the 1st pension year onwards. has started on January 2019. That is, did your retirement pension before 1. January 2019 started, an additional income has no effect on your pension amount – no matter how old they are.

SPECIAL REGULATION FOR 2020 TO 2022

In the years 2020 to 2022, we will not count any additional earnings towards your early retirement pension as a result of the Corona pandemic.

What is the effect of an additional income?

How supplemental earnings affect your pension depends on how much you earn in supplemental earnings. A small additional income may have no effect at all on the amount of your old-age pension.

If you earn a very high additional income, however, this can lead to a full reduction in your pension. For advice and information for your personal case, please contact us directly.

Questions about discounts?

The deductions generally apply for the entire term of your pension. Changes can occur when you have reached your standard retirement age.

You have questions about the deductions? Many things can be better explained in a personal conversation. Please contact us at any time, we will be happy to help you!

DO NOT FORGET YOUR PENSION APPLICATION!

In order to get your pension, you need to file an application. You should submit this to us about three months before you want your pension to begin, so that we can process it in time. If you submit your pension application late, this can delay the start of your pension. Please contact us in good time.

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