Raising Children: Your Plus for Your Retirement

Raising your children can have positive effects on your retirement account in many ways. We reward your child-rearing.

The most important things at a glance

  • Was your child or were your children born before 1992? You will then be credited with child-rearing periods for each child up to 2 years and 6 months. This new legal regulation is also known colloquially under the term ” mother’s pension “.
  • If your child was born in 1992 or later, the credit is up to 3 years per child.
  • In addition, regardless of the year of your child’s birth, you will receive a maximum of 10 years of child allowance periods.
  • You have to apply for the parental leave yourself; otherwise, they will not count towards your pension!
  • Only one parent can benefit from the upbringing at a time. So think in advance about who the time should be counted towards in the pension. Regardless of the extent of the actual upbringing, parents bringing up together can determine which parent should be assigned the time of upbringing by submitting a consistent declaration. If a corresponding declaration has not been made, the parental leave is generally assigned to the parent who – viewed from an objective point of view – predominantly raised the child.

Raising children in detail

We know: Raising children costs time – including your working hours. That is why we ensure compensation and credit you with certain times during the child-rearing period as if you had paid your contributions.

In some cases, this justifies a pension entitlement in the first place, for which you have to show a certain minimum insurance period. This can even mean that you will receive a pension later without ever having paid up yourself.

A year of child-rearing brings you almost one earnings point

Child-rearing periods are compulsory contributions that have a direct effect on your pension amount. For the time you are bringing up your children, you will be placed in the same position as if you had paid contributions based on the average earnings of all insured persons.

The equivalent of one year of child-rearing time, you will get around EUR 30 pension per month.

Do you raise children but work on the side? Great – then you will receive these contributions in addition to what you pay yourself. This applies up to the so-called contribution assessment limit.

This is how it works with two children

Did you raise several children at the same time – for example, because you have twins or you had another child while you were raising children? Then more child-rearing periods can be recognized for you!


Birth of your first child: April 17th, 2004

Birth of your second child: January 2nd, 2006

When the second child was born, only 21 months out of a total of 36 months had elapsed. From February 2006, you will therefore still have 51 months of parental leave (36 months for the second child plus the remaining 15 months for the first child). A total of 72 months of child-rearing periods are thus taken into account. So nothing is lost to you.

Who will benefit from the parental leave?

Do you raise your child yourself? Then you meet the basic requirement for the crediting of the child-rearing periods. This is because only one parent can use this at a time. The parent who predominantly brings up the child during the month is credited with the time. If you raise your child together, the mother is generally entitled to child-rearing time. If the father is to receive it, the pension insurance needs a joint, consistent declaration for this.

Please note:  The declaration is only valid for the future and retrospectively for a maximum of two months.

In addition to the biological parents, other people can also receive child-rearing leave:

  • Adoptive, Step-parents or Foster parents,
  • Grandparents or relatives, if the child lives permanently in the same household as a foster child. In this case, a custody and upbringing relationship between the biological parents and the child may no longer exist.

Child-rearing periods for people who

  • Already receive a full old-age pension after reaching the regular retirement age or a pension according to civil service law or other regulations such as a pension during the upbringing,
  • Have reached the standard retirement age and have never had statutory pension insurance or
  • Have acquired pension entitlements in another pension system due to their upbringing, which is taken into account there in the same way as in the statutory pension.
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