Pension calculation: As much pension as possible with a gross salary of 4,500 euros

Pension calculation: As much pension as possible with a gross salary of 4,500 euros

Many retirees often struggle with limited financial resources in retirement. However, the situation looks different for people with a gross salary of 4,500 euros. After many years of hard work, retirement should actually be a period of joy. Nevertheless, many pensioners struggle with a modest pension. Some people therefore opt for mini-jobs in old age to supplement their income. However, people who earn above average may be better off financially in retirement.

The final amount of the pension depends on various factors. The pension formula is made up of earnings points, the access factor, the pension value and the pension type factor. The salary points are based on your own salary compared to the average income of all employees. People who are above average with a gross salary of 4,500 euros per month can therefore expect a higher pension entitlement.

An example calculation shows that someone who has earned a gross monthly salary of 4,500 euros for over 50 years can expect a monthly pension of approximately 2,237 euros. These amounts take into account the current pension value and the number of earning points acquired. However, it is important to note that individual factors can affect the actual pension amount.

It should also be mentioned that with an average gross salary of 2,700 euros per month, the expected pension is significantly lower. A pension increase is planned in Germany in the summer of 2024, which will hopefully improve pensions for many citizens.