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With the mother’s pension III, parents will have up to half a year of parenting time added to their pension for each child born before 1992. Half a year of parenting time corresponds to half a pension point.
A total of up to 36 months of child-rearing time per child could then be recognized and up to three pension points could then be included in the pension calculation. This means that parents of children born before and after 1992 are treated equally.
That wasn’t the case before:
- For every child born after 1992, up to 36 months of child-rearing time can currently be recognized.
- For every child born before 1992, only up to 30 months.
Half a pension point is currently worth 20.40 euros. As a rule, the value increases every year on July 1st during the so-called pension adjustment. It is currently not possible to reliably estimate how high the value of half a pension point will be when the mother’s pension III is paid out for the first time from January 2028. However, the value will be higher than today.
A separate application is not necessary for mother’s pension III. The pension insurance checks the claims automatically. However, the basic recognition of child-rearing periods must be applied for in writing to the German pension insurance if they are not yet recorded in the pension account.
The costs for the mother’s pension III are financed from tax revenues. The federal government reimburses the pension insurance for the additional expenses resulting from the mother’s pension III through the federal subsidy.
Important: The mother’s pension III can be offset against other benefits and therefore may affect basic security, housing benefit or survivor’s pensions.
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