Standard retirement age for receiving retirement benefits
For members born on or after January 1, 1950, the standard retirement age for receiving old-age pension benefits is raised by two calendar months per year of birth until the age of 67:
- Members born in 1950 reach the standard retirement age at 65 years and 2 months,
- for those born in 1951, it is 65 years and 4 months,
and so on, until the maximum standard retirement age of 67 years is reached. This applies to all members born in 1961 or later.
Note: The calculation and payment of pension benefits can only take place after all documents have been received and the final settlement of the contribution account has been completed, provided that the account is in good standing.
For employed members, this means:
- The electronic employer reports must be correct and complete.
- The corresponding payments must have been received in full in the member’s account with the Saxon Medical Pension Fund.
Different retirement ages under the German Federal Pension Insurance Scheme
For members of the Saxon Medical Pension Fund born between 1957 and 1963 who also have pension entitlements with the German Pension Insurance (DRV), different retirement ages apply under the two pension systems. Watch the video to learn more.
