Receiving a pension with no deductions

One pension As a rule, you will receive no deductions if you only start drawing the pension after reaching the standard retirement age. Under certain circumstances, an earlier Retirement be possible, which then usually has to be "bought" with deductions from the pension. Even if you have a job in addition to your pension, you should pay attention to whether this could be detrimental to your pension.

Work without any deductions from your pension

• If you have already reached the standard retirement age, which was gradually increased to 67 years for certain age groups up to 1964, then you can earn as much as you want.
• Before you reach the regular retirement age, however, you should keep an eye on the additional earnings limit. An additional income of up to 400 euros per month is with one
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  Retirement pension, which is paid as a full pension and not as a partial pension, is not critical, cf. § 34 para. 3 No. 1 SGB VI.
• If you have a higher income in addition to the pension, however, you must expect that the pension will no longer be paid as a full pension, but only as a partial pension of 1/3, 1/2 or 2/3. Exact deductions of the additional earnings exceeding the limit do not take place in this respect, instead the pension is quasi "downgraded".
• Of course, as a retiree, you can not only earn a little extra in a mini-job or other employee relationship, but also as a self-employed person.


Take early retirement and work independently at the same time - what you should keep in mind

Even if you take early retirement, you can still earn additional income without your pension ...

Retired and self-employed at the same time

• If, in addition to the pension, you receive income from self-employment, the non-pensionable additional income limit of 400 euros also applies - before reaching the regular retirement age.
• Depending on what activity you want to pursue, it can be cheaper to do this as a self-employed person. Because the profit that you generate as income is calculated from the turnover achieved minus the operating costs. Under certain circumstances, you can then claim (proportionate) operating costs for the telephone connection or a car, whatever As a pensioner, you would maintain it anyway, but finance it entirely privately if it was used exclusively for private purposes would have to.
• If you are a full-time self-employed person, however, you should note that even as a pensioner you are no longer in the Health insurance the pensioner is a compulsory member, cf. § 5 para. 5 SGB V. In addition to your private or voluntary statutory health insurance, you will receive a subsidy from the pension insurance company, cf. Section 106 para. 1 SGB VI.

Additional income may be necessary for retirees. However, if you want to receive your pension without any deductions, you should observe the additional earnings limits.