Indian employees who contributed to German social security system when they worked on a Work permit in Germany
The pension contributions should be less than 60 months.
No lower limit, it can be one month, 6 months or whatever.
Completed waiting period of 24 months after last contribution to German pension system (It is NOT waiting from date of leaving from Germany). e.g.
Employee worked till March 2018 and pension contribution was upto March 2018, then refund is possible from April 2020 onwards.
Employee worked till March 2018, but the pension was paid up-to September 2009 only, then refund is possible immediately after return from Germany that is March 2018. Waiting up-to April 2020 is not required.
Currently should be living out of Germany, UK & EU countries. So Indians living in countries like India, USA, Australia, Singapore, Switzerland, Canada, Indonesia, Japan etc. are eligible to get refund.
There is no interest paid (which means it is zero percent). So it is advisable to withdraw money as early as possible and make your own investments.
Yes, get in touch with us and we will help you.
No. As per the latest rules Indo-German, Social Security Agreement has come into force effective from 01.05.2017, so it is not possible to get a pension refund for 5 years and more(60 months and more) pension contributions.
You can claim a monthly pension as determined by some formula of the German Govt. after retirement age (67+years)
Yes, a refund is still possible for less than 60 months of pension contributions.
We advise that you should claim a refund as soon as you complete 2 years, so that if you have to go again to Germany then 60 months period is not crossed (Because if you withdraw the previous contributions then the month’s counting will start fresh).
If you have worked in Germany till December 2022 or your last contribution to the pension fund was before December 2022 but left Germany recently (due to social security agreement between India and Germany in Oct 2009, but you stayed later also), which means it has been more than 2 years since last pension contributions, your refund claim can be done immediately.
If you returned after December 2022 contact us and we will guide you (free of cost!) to get your documents up-to-date so that you don’t face any problems with refunds later on we will also remind you when you complete two years.
