General information on the flexible retirement scheme

General information

Individuals who have a long history of insurance may benefit from the flexible retirement scheme before the standard pension age.

Discontinuation of benefits under the scheme

Payments under the flexible retirement scheme will be stopped in the following cases:

  • If the individual starts working in a job covered by statutory pension insurance (as an employee or self-employed). Pension payments will be discontinued for the duration of statutory pension insurance cover.
  • If the individual starts working in another type of job that exceeds the low-income thresholdGerman text of 475.86 Euro per month (2021 figure). Payments will not be disbursed in any month in which the individual's income exceeds this threshold.

In order for discontinued payments under the flexible retirement scheme to be restored, the aforementioned circumstances must no longer be applicable.

Flexible retirement scheme and unemployment support

If a person already meets the eligibility requirements for the flexible retirement scheme (minimum age: 62), they may continue receiving unemployment benefits for one year if they did not terminate their last employment relationship themselves or if they were not endeavouring to terminate that relationship or otherwise responsible for that termination. More detailed information on specific topics can be obtained from the relevant regional branch of the Public Employment Service. This ensures that the flexible retirement scheme remains voluntary.

Caution

Unemployment support will only be granted until such time as the eligibility requirements for the early retirement scheme for the long-term insuredGerman text have been met.

Advice

If an individual meets the eligibility requirements for the flexible retirement scheme (minimum age: 62), they do not lose their right to claim a pension due to incapacity to continue their previous job, disability or total incapacity for workGerman text.

Affected

In principle, the flexible retirement scheme applies in the same way to both men and women. As it is open to individuals aged 62 and older, however, women are unable to benefit from this scheme until 2028.

Until then, women are able to draw an old-age pension before reaching the age of 62.

Requirements

Since 2017, in order to be eligible for the flexible retirement scheme individuals must have completed 480 insurance months (40 years) by the time of their 62nd birthday.

Deadlines

The application must be submitted no later than the end of the last month before entering retirement.

Competent authority

The competent pension insurance institutionGerman text

Procedure

In order for a procedure to determine pensionability to take place, an application must be made. An application form is provided for this purpose. However, an informal written letter is also classed as an application. The form should then be submitted afterwards.

Required documents

The pension insurance institution will advise which documents are required.

Costs and fees

There are no charges payable.

Further information

Further links

Legal basis

Allgemeines Pensionsgesetz (APG)

Expert information

There is no expert information available.

Link to form

Authentication and signature

Electronically: registration using the mobile signature system or the card-based system using your citizen cardGerman text (only possible with the Austrian Pension Insurance Fund (PVA))

In writing: informal letter (form to be submitted later)

In person: in this case, you should take with you the necessary documents, such as your birth certificate, birth certificates for your children, your residence registration form, your marriage certificate, where appropriate, and an identity document.

Means of redress or appeal

The pension insurance institution will make a decision on the pension application in an official notification. A complaint may be lodged with the competent Labour and Social Court within 3 months of delivery of the official notification.

Assistance and problem-solving services

There are no assistance and troubleshooting services available.

Translated by the European Commission
Last update: 2 February 2021

Responsible for the content: Federal Ministry of Social Affairs, Health, Care and Consumer Protection

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