Business · Economy · 13 hrs ago
Buying a German pension point will cost 2.9% more in 2027
In Germany, voluntary payments can add points to a state pension account, which can increase the monthly pension later.
Buying points is generally an option for people aged 50 or older who want to reduce or cover deductions for taking their pension early, and they must have a realistic chance of reaching 35 contribution years.
One pension point costs €9,662 in 2026, based on the average earnings figure used to calculate the price.
That figure is set to rise in 2027, making a point cost €9,942, or €280 more.
Under current pension rates, one point adds €42.52 to a person’s monthly pension, though the value usually changes each year.
The German Pension Insurance advises applying soon to make a voluntary payment under the 2026 rules, using form V0210.
Contributions may also qualify for tax deductions, but whether buying points pays off depends in part on how long someone receives a pension.
A German pension point will cost €9,942 in 2027, up €280, or 2.9%, from 2026.
The price is based on average earnings, which are set to rise from €51,944 in 2026 to €53,452 in 2027.
People who make voluntary pension contributions in 2026 can buy a point for €9,662.
Buying pension points means making voluntary special payments to Germany’s statutory pension insurance system.
The option is available to people aged at least 50 who want to reduce or eliminate deductions for early retirement, subject to eligibility conditions.
- Who
- People eligible to make voluntary payments into Germany’s statutory pension insurance system.
- What
- The cost of buying a pension point will rise by 2.9% to €9,942 in 2027.
- When
- In 2027; the comparison is with the 2026 cost of €9,662.
- Where
- Germany’s statutory pension insurance system.
- Why
- The cost is calculated using average earnings, which are set to increase in 2027.
This story does not have two clearly opposing sides.
A pension point costs €9,662, based on average earnings of €51,944.
Average earnings are set to rise to €53,452, putting the cost of a pension point at €9,942.
- 2027 cost
- €9,942 per pension point
- Increase
- €280, or 2.9%, from 2026
- 2026 cost
- €9,662 per pension point
- Average earnings in 2027
- €53,452
- Eligibility age
- At least 50 years old