Important legal changes in the private and occupational pension schemes with effect from January 1, 2012 2012 the retirement at 67 is introduced gradually. This leads to raising the age limits for products of the first, second and third age screening layer so to speak. So an earliest possible tax-preferred retirement performance is in the future for Riester pensions, basic pensions (Rurup pension), private pension and life insurance as well as for occupational pension products only from 62 years of age. Also access to 1 January 2012 the lowering of the minimum rate guaranteed over the entire term of the contract for life and pension insurance currently 2.25 percent to 1.75 percent. The marginal at first glance can mean difference a higher 15 percent guaranteed annuity contract in the event of an emergency at the comparison between a before and after the date for the age pension product completed in 2011. It is irrelevant whether or not a the chosen contract type is State-funded. At the latest also gender-neutral unisex tariffs for all insurance policies must be introduced to December 21, 2012.
So for example, same private pension insurance tariffs and thus same pension heights must offered men and women, contrary to previous practice, if the gender-independent requirements of the applicant match. This has in practice entail, that could reduce the average pension for men in new contracts by changing the calculation of risk by up to 10 percent. Savers and particularly men opting for concluding a private retirement pension product this year, can secure in the long term the currently favourable conditions”, advises the Managing Director of JuMFinanz UG, Marco Otter leg. About insurance Deutschland.de insurance Deutschland.de, a company of JuMFinanz UG (limited liability) has based in Marburg. On its Internet portal, it offers basic information on the following topics: Riester pension, Rurup pension (basic pension), post-employment benefits, Sofortrente and payout plan, life insurance and pension, unit-linked life insurance and unit-linked pension insurance, British life insurance and British pension insurance, disability insurance and invalidity insurance, private health insurance.