Private Retirement Provision via Net Deferred Compensation „Riester“-Promotion

Money from the government for your retirement pension!

How does the “Riester”- promotion work?

When you defer parts of your net income into a MetallRente.Riester contract, you receive additional payments from the government. The benefits are available as an annual payment for you and as child’s benefits for every child that can claim child’s allowance.

Besides, employees younger than 25 years receive a single junior professional bonus payment. Including the contributions you must pay an amount per year which accords to 4 % of your income of the previous year. If you pay less you may only receive proportionate payments. But the limit amount of EUR 60 is necessary.

An Example

Thomas is 30 years old, married and has two children. As single earner, he has an income about EUR 30,000 per year. His wife Sandra is indirectly promoted. Sandra has her own Riester contract, in which the full state subsidy for her and the children is invested. To get the entire statutory benefit, the entire contribution must sum up to EUR 1.260 Euro per year (4 % of EUR 30.000 plus 60 Euro minimum contribution for the contract of the marriage partner).