Legal Lexicon

Altersvorsorge

Personal Budget

A personal budget helps you keep track of and control your finances. Learn how to plan and save smartly – start your financial planning now!

Compensatory Pension

The compensatory pension offsets pension losses due to part-time work or child-rearing. Learn more about eligibility and calculation in the article!

Life Estate

Life estate refers to the lifelong payment of a pension for transferred farms. Learn more about this traditional form of retirement provision in the lexicon!

Retirement Allowance Exemption

The retirement allowance exemption reduces the tax burden on retirement benefits. Learn more about eligibility and calculation in the article!

Senior

A senior is an older person, usually from the age of 60 on. Learn more about this stage of life, its challenges and opportunities in the article!

Pension

A pension is a regular retirement benefit for financial security. Learn more about its forms and how it works – read now!

Generational Contract

The generational contract governs the pay-as-you-go system of social security. Curious about how the young and old support each other financially? Discover the article now!

Long-term Savers

Long-term savers are individuals with older savings contracts, who are often affected by new tax regulations. Find out more about their rights and risks!

Occupational Pension Scheme

The occupational pension scheme provides additional income security in retirement alongside the statutory pension. Discover how both companies and employees can benefit – learn more now!

Retirement Provision

Retirement provision secures income in old age through statutory, occupational, and private pension schemes. Learn more about your future – read now!

Old-age Pension

Old-age pension secures income in retirement. Learn how it is calculated and what options are available – discover the detailed article now!

Pension Fund

The pension fund secures retirement benefits for employees. Learn more about its significance and how it works – your knowledge about retirement planning awaits!

Retirement Allowance

Retirement allowance is a social benefit for older employees after termination of employment. Learn more about eligibility and details here!

Age

Age describes the span of life and changes within the organism. Curious? Discover more about the fascinating topic of age!