Finding out how to get a Pension Refund is crucial for people from Andorra who have worked in Germany. Your contributions to the German pension system are an important part of your social security. However, the process of claiming these funds and understanding the specific requirements for citizens of Andorra can seem complicated.
This guide is designed to make things easier for you. If you’re thinking about applying for a Pension Refund, we want to provide you with information that is clear and practical. Our aim is to help you make informed decisions about your financial future after your time in Germany.
Entitlement to a German pension refund for nationals of Andorra
As a citizen of Andorra working in Germany, you will pay around 9% of your taxable income each month into the Deutsche Rentenversicherung (German Pension Insurance), the official German pension insurance scheme. This is a joint contribution to the social security system and is matched by your employer.
If you leave Germany, what happens to these contributions? Can they be recovered?
{Due to the lack of a bilateral social security agreement between Andorra and Germany, you cannot voluntarily contribute to the German pension system unless you are resident in the EU/UK.|If you are not resident in the EU/UK, you cannot voluntarily contribute to the German pension system due to the lack of a bilateral social security agreement between Andorra and Germany.
Knowing how to apply for a Pension Refund is important when planning your life after Germany. As a citizen of Andorra, you may be entitled to a Pension Refund under certain conditions.
Pension Refund Eligibility: General Criteria
When you leave Germany, you can usually get a refund of your German pension contributions if:
a) You cannot continue making voluntary contributions to the German pension system (freiwillige Versicherung) from your new place of residence.
and
b) At least 24 months have passed since your last payment into Germany’s statutory pension scheme.
The ability to make voluntary insurance payments (a) depends on the social security agreement between Germany and your home country.
You typically won’t qualify for a refund of your German pension contributions if:
a) You are eligible for, or already receiving, pension benefits from Germany.
b) You continue to make mandatory pension contributions or are covered by compulsory insurance in Germany.
c) You have the option to make voluntary contributions to the German pension scheme.
In short: The eligibility for Pension Refund for residents of Andorra
As a citizen of Andorra, you are generally eligible for a refund of your German pension contributions if you reside outside the EU/UK and at least 24 months have passed since your last pension contribution in Germany.
Agreements on social security: Residence in the EU/UK
Germany and Andorra do not have a bilateral social security agreement that facilitates the transfer of social security benefits between the two nations. Therefore, your ability to make voluntary contributions to the German Pension system is contingent on where you live.
{If you reside within the EU or the UK, you are allowed to continue making contributions to the Deutsche Rentenversicherung to qualify for a German pension (freiwillige Versicherung). Information about all social security agreements between EU member states is available online here. | If you live in the EU or the UK, you can continue to make contributions to the German pension insurance scheme (Deutsche Rentenversicherung) in order to qualify for a German pension (freiwillige Versicherung). Information on all social security agreements between EU member states is available online here.
As a result, living in the EU/UK means you are not eligible for a German pension refund because you qualify for a German pension.
However, if you live outside the EU or the UK and don’t qualify for a pension, you’re likely to be able to claim a refund 24 months after you made the last contribution.
Use our free eligibility check to start your German Pension Refund
It can be a long and complex process, often taking from several months to more than half a year, to get a refund from the German pension system. For a quicker and more efficient approach, you should consider the streamlined services offered by Fundsback. With expert guidance every step of the way, they are committed to improving your refund experience.
Fundsback also provides you with important tools such as a free eligibility check and an easy-to-use refund calculator. It is designed to quickly check your eligibility and estimate your refund. The aim of the refund calculator is to provide a transparent and straightforward way to check your pension insurance record with the German pension fund and to start the refund process efficiently.
Optimise your German pension refund with Fundsback
Fundsback simplifies the process of boosting your Social Security benefits in Germany. Our approach is straightforward and efficient, especially designed for nationals of Andorra seeking refunds from the German pension system. Navigating this complex process can be challenging, but our expert team is here to provide clear guidance and support, ensuring you feel informed and confident every step of the way.
At Fundsback, we’re committed to providing personalized consultations that evaluate your eligibility for a refund and aim to maximize your payout.
By choosing Fundsback, you can easily navigate the intricacies of the German pension system, confidently secure your refund, and avoid the common obstacles often encountered in the process.
