Up to 113 euros more pension: Parents can apply for money for parenting time

113 euros more pension per month
Parents can apply for money for parenting time

Mothers and fathers who, because of the If you don’t work for childcare, you not only miss out on a second salary, but you also don’t pay into the pension fund during this time. What many people are not aware of, however, is that the state steps in and pays money during these child-rearing periods, which can also increase the pension. However, you must apply for it yourself. This pension is also colloquially referred to as a “mother’s pension”.

How much money do you get?

How much money you get depends mainly on when your child was born and how many children you have. For children born before 1992, up to 2 years and 6 months are charged per child Child-rearing times credited. This corresponds to 2.5 pension points. For children born after 1992, it is three years or three pension points.

How is the pension calculated?

To calculate the exact amount, the The number of pension points then corresponds to the current pension value charged. It has been in Germany since July 2023 at 37.60 euros:

According to the pension insurance, you can also claim more child-rearing time if you have raised several children at the same time.

Who is entitled to the payment?

The Additional pension can come from the mother or the father be applied for by the:their:his children in the first 30 or 36 months after birth have provided. Only one parent can benefit from parenting at a time. It is therefore important to take your time to think about who should receive credit for the parenting time. Parents raising a child together can do so by submitting one consistent statement determine which parent should be allocated the parenting time, regardless of the extent of the actual parenting. If a consistent declaration has not been made, the parenting time is generally allocated to the parent who – viewed from an objective point of view – predominantly raised the child. In most cases the mother.

If you also worked while raising your children, you will receive this money in addition to your payments as an employee.

In addition to the biological parents Adoptive parents, step- or foster parents and grandparents are also entitled to the money, if they were responsible for raising children. In addition, other relatives are also eligible, provided that the child lived with them and had no other place of residence during the time taken into account.

Child-rearing time: Who is not entitled to the additional pension?

One Exception applies to some mothers and fathers who are employees subject to social insurance contributions earn a lot (monthly 7,100 euros in the west and 6,700 euros in the east). For them, their pension does not increase as a result of raising children. For self-employed Incidentally, this does not apply to top earners such as doctors or lawyers: they receive “the full entitlements from the time spent raising children, regardless of the amount of earnings,” writes Stiftung Warentest in a blog post.

How do I apply for the additional pension?

The You have to proactively apply for parental leave yourself, otherwise they won’t count towards your pension! In addition, the application must be submitted before retirement. The German pension insurance therefore recommends submitting the application when your child has reached the age of ten.

You need this to apply Birth certificate of the child and that Form “V0800”,which can be downloaded from the German pension insurance website. You then submit both there together again.

Source: deutsche-rentenversicherung.de

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Bridget