essential terms explained in plain language.
115 terms
Citizens' benefit (formerly ALG II / Hartz IV) — means-tested social assistance for those who cannot support themselves.
Parental allowance — income replacement benefit for parents who take time off work after having a child.
Reduced earning capacity pension — a pension paid to people who can no longer work full-time due to illness or disability. Full reduction if unable to work more than 3 hours/day.
Child benefit — monthly payment from the Familienkasse for each child. Currently €250/month per child.
Care allowance — cash benefit paid by statutory long-term care insurance (Pflegeversicherung) to those needing care.
Pension — monthly payment received from the statutory pension insurance (Rentenversicherung) upon retirement.
Pension application — the formal application to start receiving retirement or disability pension benefits. Should be submitted 3 months before desired start date.
Pension assessment notice — official notification from the Deutsche Rentenversicherung confirming the approved pension amount, start date, and calculation basis.
Ihr Rentenbescheid vom 15.01.2025 liegt bei.
Retirement age — the statutory age at which a person becomes entitled to full pension benefits in Germany. Currently 67 for those born after 1964.
Pension insurance — mandatory contribution-based pension system in Germany (Deutsche Rentenversicherung).
Broadcasting fee (ARD/ZDF) — mandatory monthly fee of €18.36 per household for public broadcasting.
Social security number (12 digits) — required for employment, healthcare, and pension in Germany.
Insurance record / contribution history — a document from the Deutsche Rentenversicherung showing all periods of employment, contributions, and insurance credits throughout your career.