Mini-jobbers beware: pension insurance contributions have increased!

Mini-jobbers beware: pension insurance contributions have increased!

Mini-jobbers who have been earning at least 12.41 euros per hour since January 1, 2024 are legally obliged to pay part of their earnings into pension insurance. This regulation was introduced in order to also include marginally employed people in social security. Employers of mini-jobbers must pay a flat rate of 15 percent of their earnings into the pension fund. For a monthly income of 538 euros including personal contributions, this specifically means that the employer contributes 80.70 euros and the mini-jobber himself contributes 19.36 euros to the pension insurance.

It is possible to exempt yourself from the obligation to have pension insurance as a mini-jobber. To do this, a written application must be submitted to the employer. It is important to note that the employer still has to make a flat-rate contribution, even if the mini-jobber is exempt from the actual payment. The German pension insurance recommends that you obtain detailed information before being exempted from your own contribution. Foregoing pension insurance can have an impact on later social security, especially in the event of disability.

For mini-jobbers, pension insurance offers the opportunity to build up a small sum for a later pension. A mini-job with a monthly salary of 538 euros can increase the monthly pension by almost five euros after a year. It is therefore advisable to carefully examine the long-term effects of an exemption from pension insurance in order to ensure social security even in retirement age.