New company pension with 3864 euro allowance: This is how it works

For example, every and every second employee in this country saves for a company pension and can thus later improve their statutory pension. According to the Federal Ministry of Labor, around 18.1 million employees were absolutely employed at the end of 2023. The government wants more people to benefit from the possibility of company pension scheme – especially those with lower income. From 2027, she wants to promote this with 150 million euros annually.

For a long time, the company pension scheme was a voluntary service of the employer for his employees. Today, company pensions are often largely financed by the employee himself – through the so -called deferred compensation: parts of the gross salary or special payments are converted into pension provisions, in addition there is a grant from the employer of at least 15 percent.

For amounts of up to 3864 euros annually, the state waives social security contributions, for amounts of up to 7728 euros on taxes – this is up to four percent of the contribution ceiling of the statutory pension insurance, so the amounts change from year to year. During receipt, company pensions must then be taxed. Also to consider: Anyone who saves for the company pension pays less contributions for the statutory pension – it is correspondingly lower.

Employees have been entitled to a deferred change since 2002 – of up to 3864 euros. A company must offer this on request. The money usually creates an insurance company; The employer selects the form of investment. He also performs the contributions.

Since 2019, employers have been obliged to forward the social security contributions saved in flat -rate form – in the amount of 15 percent – to the employees or the appropriate investment providers. The regulation initially applied to new contracts, and since 2022 it has also been valid for contracts concluded in the past.

Income tax is due on the company pension, for statutory health insured also levies to health and long-term care insurance. Since 2020, company pensioners have had to pay for the first 187.25 euros, but no health insurance contributions. According to the draft for the second company pension strengthening law, pensioners who continue to work will also be able to fall back on their company pension prematurely.

According to the consumer portal Finanztip, the regulations are “not particularly practical”. Many employers therefore do not want to manage contracts of different insurance providers and reject it to adopt a pension contract. Employees can leave their contract, continue to deposit privately or transfer them to a new contract. According to Finanztip, the latter is often a loss of losing due to fees or poorer conditions.

As a rule, the company pension is secured by the pension security association, which all companies finance with company pensions. This association then pays the company pension due.

In this case, he or she can at least keep part of his company pension: an amount of up to 200 euros per month is not counted towards basic security.

The social partner model has existed since 2018: Employer and employee associations can bindingly agree on a company pension scheme for the respective industry. So far, this has only been available in the energy and chemical industry as well as the banks.

In the future, companies should be able to join an already negotiated model – such as a travel agency without a collective agreement that uses the model of the banking industry. According to the draft law, non -tariff companies should also be able to offer a company pension as part of a company agreement.

After all, according to the draft law, the government wants to raise the subsidy for employers who pay a classic company pension for low -wage earners – it should increase from a maximum of 80 euros to a maximum of 100 euros per month. Employers can receive 30 percent of their deposit for retirement provision as a grant if the employees currently do not earn more than 2575 euros a month.

This income limit should also be linked to the contribution ceiling of the statutory pension insurance in order to prevent employees from falling out of state funding after a wage increase. According to the draft law, this costs 150 million euros annually.