Income and assets
Your income or other pensions you may receive do not affect the amount of the initial pension.
Continuing pension consists of a basic amount and a means-tested supplement.
The supplemental amount is offset against nearly all other income you may have. Of the value of earnings and equivalent incomes, 60% is offset against the supplemental amount of your continuing pension. Incomes that are considered equivalent to earnings are, for instance, unemployment benefits, sickness allowance, maternity, paternity and parental allowance as well as the care allowance included in the child home care allowance. For farmers and self-employed persons, however, income certified in accordance under the Self-Employed Persons' Pensions Act or the Farmers' Pensions Act counts for purposes of the supplemental amount.
Income is assessed at gross value (minus any interest paid on housing loans).
If your income is EUR 55.62 per month maximum, you are eligible for a full amount of the continuing pension.
Assets have no effect on the initial or continuing pensions.