In Germany, Rentenversicherung (Pension Insurance) is a long-term savings and investment strategy designed to provide you with a lifelong income after you stop working.

Because the German demographic is changing, the „Pension Level“ (Niveau) is currently around 48% of your average net income. This means most people face a significant „Pension Gap“ (Rentenlücke). At WIN Versicherungen, we help you calculate this gap and suggest the most tax-efficient ways to fill it.

2. The Three Pillars of German Retirement
To choose the „Best for You“ insurance, you must understand how these three layers work together:

Pillar 1: Statutory Pension (Gesetzliche Rentenversicherung)
How it works: Mandatory for employees. It operates on a „pay-as-you-go“ system where current workers pay for current retirees.
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Our Expert View: We analyze your annual Renteninformation (Pension Statement) to show you exactly what you can expect—and what is missing.

Pillar 2: Occupational Pension (Betriebliche Altersvorsorge – bAV)
How it works: A portion of your gross salary is invested directly into a pension plan before taxes (Entgeltumwandlung).

The Benefit: Since 2022, German employers are generally required to contribute a 15% subsidy.

Our Expert View: We check if your employer’s offer is actually profitable or if high administrative costs are eating your returns.

Pillar 3: Private Pension (Private Rentenversicherung)
This is where expert guidance is most valuable. There are three main types:

Private Rentenversicherung: Highly flexible, with tax advantages if held for 12+ years and paid out after age 62 (Half-Income Method).

Rürup (Basis) Pension: Best for high earners and freelancers. Contributions are up to 100% tax-deductible.

Riester Pension: Best for families with children due to high government bonuses (Zulagen).