Personal earnings points

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The personal earnings points (pEP) are, in accordance with Section 66 of the Social Code Book VI, the sum of earnings points from the personal insurance history, adjusted for discounts or surcharges based on the access factor . The personal credit units in accordance with § 63 paragraph 4 SGB VI foundation for the amount of personal monthly pension (see also pension formula ).

The access factor (i.e. the deductions or surcharges) of 'personal earnings points' from which a pension has already been paid remains in principle also in the event of a later renewed pension ( Section 77 of the Social Code Book VI). This does not apply to half of the earnings points on which a pension for partial disability was based. Under certain circumstances, the access factor and thus the number of personal earnings points is increased for full calendar months in which a pension that has once been granted is (partially) not paid due to personal earnings points. If the access factor for personal earnings points was previously less than 1,000, the access factor for dormant personal earnings points is increased by 0.003 per calendar month, up to a maximum of 1,000. If personal earnings points are not used even after reaching the standard retirement age, the access factor is increased by 0.005 per calendar month.

example

  • A woman, born in 1951, has acquired 30 earnings points at the age of 60 and from this point in time receives an old-age pension for women.
    In this case, the relevant retirement age for the deductions is 65 years of age, the access factor is 0.820 = 1,000 - 0.18 (deduction: 5 years × 12 months × 0.003 / month).
    The number of personal earnings points is 0.820 × 30 = 24.6 .
  • By age 62, the woman begins again to work and therefore refers only 2 / 3 of the full pension.
    1 ⁄ 3 of the personal earnings points ( 1 ⁄ 3 × 24.6 = 8.2) are no longer used.
  • If she then stops working at 65 and draws her full pension again, this would be based on the 2 ⁄ 3 pension as before.
    Second, the access factor for the dormant 8.2 earnings points would be increased by 0.003 per month (36 months), i.e. 0.82 + 36 × 0.003 = 0.928. This would increase the number of dormant earnings points by 1.08 to 10 × 0.928 = 9.28 personal earnings points.
    Instead of 24.6, the old-age pension would now be based on 24.6 + 1.08 = 25.68 personal earnings points .
  • In addition, there are also earnings points that the woman has earned from the age of 62 as a result of gainful employment, but these do not play a role for this example calculation.