Pension with a salary of 4,500 euros: This is how much you are entitled to in old age

Pension with a salary of 4,500 euros: This is how much you are entitled to in old age

Many retirees struggle with financial constraints in retirement, while some who earn above average can look back on a more comfortable financial situation. But what does it look like for those who have earned a gross monthly salary of 4,500 euros?

The actual pension amount depends on various factors that go into the pension formula. This formula is made up of earnings points, the access factor, the pension value and the pension type factor. The earnings points are based on individual income, while the access factor takes into account additions and deductions at the start of retirement. The current pension value of 37.60 euros indicates how much a pensioner is entitled to per earnings point, and the pension type factor varies depending on the pension type.

An example shows that with a gross salary of 4,500 euros per month, earnings points are accumulated over 50 years, which lead to a monthly pension of around 2,237 euros. This assumes that no deviations or individual factors influence the calculation. It is important to note that the actual pension amount may vary depending on personal circumstances.

For comparison purposes, the pension calculation can also be carried out for other salaries. A gross monthly salary of 2,700 euros results in a significantly lower expected pension. It is predicted that pensions in Germany will be increased in the summer of 2024, which could affect the pension rights of many pensioners.