Parental Pension in Germany: Why Fathers Shouldn’t Miss This Opportunity!
Did you know that in Germany there is something called parental pension, and it’s not just for moms? Yes, you read that right! Fathers can also claim extra pension benefits for raising children, but only if they know how and when to apply.
What is parental pension?
Parental pension, known as “Mütterrente,” is an additional pension benefit awarded to parents as recognition for raising children. Despite the name suggesting it’s only for mothers, fathers can also claim this pension under certain conditions.
How can fathers get this pension?
There are two ways:
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From the early months of the child’s life – parents can decide who will use the child-rearing periods (kindererziehungszeiten). This means the parent who takes on the child care can increase their future pension.
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During pension calculation – parents can agree later who will be credited for the child-rearing period, but in this case, fathers must have all the necessary documentation.
What are the conditions?
For a father to claim parental pension, it is necessary to fill out an official form for the distribution of child care time, which must be signed by both parents. This declaration applies only for the future and can be changed, but retroactively only for the last two months.
Why is this important?
Germany plans a reform of the parental pension (Mütterrente 3) which is not expected to come into effect before 2024. These changes could benefit certain groups of parents more, so it’s important fathers don’t miss the chance to apply now.
How much can the pension increase?
Some pensioners have already received up to 27% higher pension thanks to this benefit. That’s no small change!
What if parents don’t sign?
Without signatures from both parents, the distribution of parental pension rights is not possible. So if you’re a dad in Germany, don’t wait for someone else to decide your pension!
Conclusion
Parental pension is not just a women’s thing! Fathers in Germany have the right to extra pension benefits for raising children, but they must be active and informed. Fill out the form, sign it together with your partner, and secure a better pension for yourself. Don’t let this opportunity slip away!
So, dads, have you filled out that form yet or are you waiting for your kids to pay your pension? Drop a comment below, maybe together we can figure out how to help you not miss this chance! 😉
