Have you worked in Germany and then left the country? When you reach retirement age, you can apply for your German pension and have it paid anywhere in the world. Find out everything you need to know about state pensions in Germany.
Some of the most important things you'll need to do include officially deregistering your residence (Abmeldung) and terminating various contracts, such as your health insurance, internet, electricity, gas and mobile phone contracts. You may also want to set up a mail forwarding order, deregister your vehicle and business, and please also keep in mind to stop paying the German broadcasting fees (GEZ) and child benefits.
The pension system in Germany is specifically designed to provide financial support to retirees to ensure a comfortable standard of living during their retirement years. This comprehensive system consists of several elements, including the state pension, occupational pension and private pension schemes.
The survivor's pension in Germany is a financial support designed to provide security for the next of kin of a deceased pensioner. It is based on a fixed percentage of the pension that the deceased received or should have received. The exact amount of this pension is tied to similar criteria as the deceased's retirement pension.
Every year, thousands of Americans who work in Germany automatically pay social taxes in Germany. These taxes work a little bit like a bank account. When you return to the U.S., you can either cash it out or get a retirement pension.
