Making historical voluntary contributions on German pension like in UK

BitemporalGuy

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I have 4 full years of employment in Germany (93 to 97). I understand that a minimum of 5 is required to qualify for a German pension. Is it possible to make voluntary contributions to buy back any of those gap years since 1997 like in the UK? If so, is it worthwhile? And if worthwhile, what is the starting point?
 
I have 4 full years of employment in Germany (93 to 97). I understand that a minimum of 5 is required to qualify for a German pension. Is it possible to make voluntary contributions to buy back any of those gap years since 1997 like in the UK? If so, is it worthwhile? And if worthwhile, what is the starting point?
It is possible under very specific conditions.

To qualify, you must:
A.)Have your main residency in Germany. Means- you must work and live in Germany. Your nationality is unimportant.
or
B.) Be a German national living abroad
C.) Have not reached a certain age

Otherwise buying back lost time is of no benefit to you.

Try to work in Germany for another year to reach the 5 year limit. That way you secure at least a part German pension. There is also the possibility to go for a pro rata EU pension in joining your Irish and German contributions. That way you do not need to reach the German 5 year limit.

Pension age in Germany will rise to 68 within a few years. So your German pension will only kick in when you reach that age.

Warning: If you reach the German pension age and start to draw down your German pension, you are liable for German tax on that pension. That is a bit of a headache because they consider all your income from abroad as well. You must do a German income tax return. If you don't, the tax office will make a decision about the tax and deduct it directly from you German pension. Once a year you also need to proof that you are still alive by signing on at a German embassy or consulate in person.
There are a good few strings attached!
 
Do you know where I could get more info to do the costings to see if it is worth it? I could organise 12 months work if it was worth it.
 
Do you know where I could get more info to do the costings to see if it is worth it? I could organise 12 months work if it was worth it.

They take a certain percentage of your pay- just like here.
There is a fundamental difference between Irish and German PRSI. In Ireland, you get a class A stamp or something- regardless how much weekly PRSI you paid. Every class A stamp gets you the same amount of pension later. One class A stamp will get you under the TCA system 1/2080 of the full pension.
In the German system you get what you pay. The higher your PRSI payment, the higher your pension. So your pay decides already how much pension you get later. A low paid job will give you very little- while a highly paid job will get you umpteen times the amount you get for a low paid job.
The German average wage will get you after 40 years about Euro 1600 per month.
It is impossible to tell you how much your 5 years are worth. There are a lot of other factors( time in education, illness, unemployment ,etc.) which will be only taken into consideration when you apply for your pension.
There is one way to get an idea what you could get. You need the pay slips from your German employment and find out your gross yearly income from those years you want to know about. Put all figures in the year's brackets on this page- and the page does the calculation for you.
The other way is an account audit of your German social security account. You need to hand in your German social security number and make an application for an audit. I am not sure where you have to go to. You always can sent an email to DRV and ask.
The audit process can take many years. In the end you know the amount of pension points you accrued so far. That way you can calculate your pension as well.
 
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That is very helpful. Thank you so much. I'll do a bit of research. Sounds like a lot of hoops to go through for marginal benefit.
 
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