When applying for basic security in old age, income and assets are checked. The Pension allowance You can use it if you have at least 33 years of basic pension periods.
As basic pension periods, the German pension insurance takes into account compulsory contribution periods from employment, self-employment, child-rearing and care, as well as benefits for illness and rehabilitation and periods for child-rearing and care. Be current with it 281.50 euros deducted from assessable income. This increases the chances of receiving government support.
Example: A Munich resident receives a gross pension of 1,800 euros. Of this, 220 euros go towards health and nursing care insurance. He therefore has 1,580 euros net available. Of this, he pays a rent of 835 euros. This leaves him with just 745 euros per month for living expenses. The standard requirement level 1 is 563 euros per month, so the pensioner is initially not entitled to basic security.
However, he can demonstrate more than 33 years of basic pensions and therefore benefits from the pension allowance of 281.50 euros. This reduces the assessable income. So 281.50 euros are deducted from the net income. Of the 1,580 euros mentioned above, only 1,298.50 euros remain for the calculation. After deducting the rent, only 463.50 euros remain.
The pensioner is therefore 99.50 euros below the standard requirement of 563 euros. There is therefore the right to increase the income by the difference of 99.50 euros. In order to do this, the pensioner must definitely have basic security in old age actively apply. Important: Your own assets must not exceed 10,000 euros.
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