Germany Pension Calculator 2024 (English) | Rentenrechner
🇩🇪 German Pension Tool 2024

Germany Pension
Calculator

Estimate your Germany statutory pension (Rentenanspruch) based on your earnings history and contribution years.

🏛️ Rentenrechner (Pension Estimator)
Total Entgeltpunkte
0
Monthly Pension
€0
Annual Pension
€0
Total Contribution Years
0 yrs

How the German Pension System Works

Germany's statutory pension (gesetzliche Rentenversicherung) is a pay-as-you-go system. You earn pension points (Entgeltpunkte) for each year you work. Each point equals one year earning exactly the average German wage. The current pension value (Rentenwert) is approximately €37.60/month per point in West Germany (2024).

The German Pension Formula

ComponentDescription2024 Value
Entgeltpunkte (EP)Points earned per yearYour income / avg. German wage
ZugangsfaktorAdjustment for retirement age1.0 at 67, -0.3%/month early
Rentenwert (West)Euro value per point/month€37.60
RentenartfaktorType multiplier (standard = 1)1.0

Monthly Pension by Contribution Scenario

ScenarioYearsAvg. IncomeEst. Monthly Pension
Low earner40€25,000~€870/mo
Average earner40€43,000~€1,504/mo
High earner40€70,000~€2,400/mo
High earner, 45 yrs45€70,000~€2,700/mo
💡 Early Retirement: For every month you retire before 67, your pension is reduced by 0.3% (3.6%/year). At 63, that's a permanent 14.4% reduction!

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