Pension charge: these are the factors
Before you can get started with the calculation of the pension, we explain each of the factors for the formula is important.
- Subject to supplementary pension payments the year remuneration: A size, you need to find out for yourself from their documents, is the auxiliary power supply requiring, Annual wages reported by your employer.
- Reference fee: This is an actuarial calculation, which was determined by the parties to the collective agreement. The Reference wage is 1,000 euros per month or € 12,000 in the year.
- Age factor: The age factor plays a role for the interest rate effects and, therefore, for the calculation of the supply points, after which the pension is finally calculated. The factor is in a table read the example from the website of the Bavarian supply chamber download can.
- Measuring the amount of: finally, the measured amount is in the formula to calculate the pension. In order to convert the previously calculated supply points in a sum of money. Per point of Supply they expect a 4.00 Euro.
Formula for the calculation of the pension
How to calculate your pension
With the required factors, you can calculate for yourself, how high is your operating pension fail.
- First, you share your addition supply paid annual remuneration by 12 and the result of this fracture through the reference fee, so by 1,000.
- The result you multiply by the age factor in the table have taken.
- The result of the previous calculation shows that the number of supply points. This can be converted into a money value, multiply the number of supply points with the measured amount of 4,00 Euro.
- Now you have calculated the amount of your pension.
- What is it in the operation of pension to note, we have a separate post for you.
Whether you like your pension to terminate can be found in our next guide on the subject of retirement.
