You're giving away money by not retiring early after 45 years - You're giving away money by not retiring early after 45 years
Germany has set new rules for early retirement pensions in 2025. The age limits vary depending on insurance years and disability status. Some workers can retire earlier without financial penalties, while others face deductions.
Workers with at least 35 years of insurance contributions can retire at 63. However, their pension will be reduced by 0.3% for each month taken before the standard retirement age.
Those with the same insurance period but a recognised disability degree of 50 can retire even sooner. Their early retirement age is set at 62, though deductions still apply. For individuals with 45 years of insurance, the rules are more favourable. They can retire at 64 years and 8 months with no deductions. This age limit will increase gradually in the coming years.
The changes mean different retirement options for workers based on their contributions and health. Some will receive full pensions earlier, while others must accept lower payments if retiring before the standard age. The system aims to balance flexibility with financial sustainability.
