For members born on or after 1 January 1950, the standard retirement age for receiving a retirement pension 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 Sächsische Ärzteversorgung born between 1957 and 1963 who also have pension entitlements under the German Federal Pension Insurance Scheme (DRV), different retirement ages apply under the two pension schemes. You can find out more in the video.
Choosing the right time
Members are entitled to a statutory old-age pension once they reach the standard retirement age (67 for those born in 1961 or later). We will send you the application documents in good time beforehand. The application must be submitted no later than three months after reaching the standard retirement age. Contributions to the pension scheme cease once the pension is drawn.
You are entitled to an early retirement pension from the age of 62, but with reductions. For every full calendar month that you take early retirement before reaching the standard retirement age, your pension will be reduced by 0.4%. Once you start receiving your pension, we no longer collect contributions. Therefore, the decision to opt for early retirement pension is binding.
Anyone wishing to continue working may defer their retirement until they reach the age of 70 at the latest and apply for a deferred old-age pension. To compensate for the later start of payments, the old-age pension is increased by 0.6% for each full calendar month by which the start of payments is deferred. We require your application documents before your desired pension start date.