Voluntary additional payments
To increase their pension entitlements, members of the Saxon Medical Pension Fund may make voluntary additional contributions. However, these - when added to the mandatory contributions - may not exceed the individual contribution limit or the general annual maximum contribution. This limit is set at EUR 47,151.00 for the year 2026. Voluntary additional payments must be received in the contribution account by December 31 of the current calendar year and are credited toward retirement benefits in the same manner as mandatory contributions.
Important: To ensure that payments are correctly allocated, the member number should be noted in the payment reference of the transfer, along with a note indicating that these are voluntary additional payments.
Frequently Asked Questions About Voluntary Additional Payments & Personal Contribution Limits
No, although voluntary additional payments are possible, they serve to increase your accrued pension entitlement. If you opt for early retirement, you should expect a monthly reduction of 0.4%.
The annual ceiling is either the general annual maximum contribution or your personal contribution limit. The difference between your mandatory contributions and your upper contribution limit represents the maximum amount you can pay in as voluntary additional contributions.
The annual ceiling is the general annual maximum contribution or your personal contribution limit. The difference between your compulsory contributions and your upper contribution limit represents the maximum amount you can pay in as voluntary additional contributions.
The personal contribution limit applies from 1 January of the year in which you turn 55. The total contribution amount from the preceding five years is compared to the sum of the maximum limits (general annual maximum contribution) and gives your personal contribution limit as a percentage. This percentage is then applied annually to the applicable general annual maximum contribution, thereby calculating your personal contribution limit in euros for the year in question.