Important post from the pension insurance company: What awaits employees and pensioners in February

Important post from the pension insurance company: What awaits employees and pensioners in February

According to a report from t-online.de, employees and pensioners in Germany can expect important mail from the pension insurance company in February. This post contains essential data for the year 2023. Pensioners receive their pension receipt certificates, which contain information about the pension paid out as well as health and nursing care insurance contributions. Employees receive the so-called annual report, a copy of the information that the employer has transmitted to the pension insurance company. This includes information about the length of employment and salary.

According to the report, the pension insurance also makes tax returns easier for pensioners by forwarding the necessary information directly to the relevant tax office.

From a financial expert's point of view, the important mail from the pension insurance can have a significant impact on the pension rights of employees. If there is incorrect information in the annual report to the pension insurance company, this could have a negative impact on your pension entitlements. It is therefore advisable to check this data very carefully and, if there are any errors, to ask the employer to correct them.

It should also be noted that pensioners must submit a tax return if their taxable income exceeds the basic allowance, which in 2023 is 10,908 euros for singles and 21,816 euros for married people. This aspect may have tax implications for retirees that need to be taken into account.

Overall, pension insurance mailings are of considerable importance for the financial situation of pensioners and employees. It is important to review the data received and consider tax implications if applicable.