← Retirement planning · Riester & bAV · Riester
Second pillar · Riester-Rente
Riester: the pension where the state chips in generously.
With the Riester-Rente (state-subsidised private pension) you set money aside yourself, and each year the state adds allowances on top. The more children you have, the stronger the support. That is why, for families, Riester is often the most efficient way to save for retirement.
How the state supports you
Three allowances, every single year.
The allowances flow straight into your contract year after year, as long as you pay in the minimum own contribution. They are the heart of Riester funding.
Base allowance
For every eligible saver, regardless of income.
Child allowance
For every child born in 2008 or later, as long as you receive child benefit (185 € for children born earlier).
Career-starter bonus
An extra bonus for everyone who is under 25 when they take out the contract.
The solution
Riesterrente Strategie Plus from Generali.
Generali · Riesterrente Strategie Plus
Collect the allowances and still invest for opportunity.
A fund-linked Riester pension with a full contribution guarantee at retirement. You collect the allowances and possible tax advantages and decide for yourself how much security and how much return potential your money should have.
100 % contribution guarantee
At retirement, at least all the contributions and allowances you paid in are available to you.
Allowances plus tax relief
Contributions of up to 2.100 € a year are deductible as special expenses; the tax office automatically checks which is more favourable.
Opportunity through funds
A slider controls the mix of security and funds, adjustable to your stage of life.
Wohn-Riester
The subsidised balance can be used for your own owner-occupied home.
What the state covers
For families, the state pays the lion's share.
An example makes it tangible: a family with two children and an income subject to pension insurance of 30.000 € a year.
Example case: a family, one income of 30.000 € gross, two children born in 2008 or later with child benefit. To receive the full allowances, 4 % of the previous year's income (up to 2.100 €) must be paid in, less the allowances, and at least the minimum contribution of 60 € a year. Simplified, without the additional tax relief from the special-expenses deduction. The pension is taxed on a deferred basis in retirement.
Frequently asked questions
Good to know.
Who is eligible for Riester funding?
Above all, employees and civil servants who pay into the statutory pension. If only one spouse is directly eligible, the other can qualify indirectly through their own contract. In our meeting we quickly clarify whether you are eligible.
How much do I have to pay in to get the full allowance?
For the full allowances you need 4 % of your previous year's income subject to pension insurance, up to 2.100 € a year, less the allowances. The minimum due is the base amount of 60 € a year. If you pay in less, the allowances are reduced proportionally.
What happens to the allowances when I have children?
For every child for which you receive child benefit, the child allowance is added: 300 € a year for children born in 2008 or later. Especially during the family phase, your funding rate rises sharply as a result.
Can I use Riester for my home?
Yes, through Wohn-Riester. You can use the subsidised balance to buy or pay off your owner-occupied home. How this works together with financing is something we also show you under Real estate.
Is the Riester pension taxed later?
Yes, on a deferred basis. Allowances and tax relief help you build it up; in retirement the payout is taxed, usually at a lower personal tax rate than today.
Free & non-binding
Claim every allowance.
In our first meeting we work out which allowances you and your family are entitled to, and how much of it you are still leaving on the table today. Honest, easy to understand and without pressure.