Will the annual work income, which your pension insurance is based on, be below Euro 13,573 € in 2022? Please contact your pension insurance company
For entrepreneurs, YEL work income forms the basis for pension and other social security. In 2022, the lowest possible pension insurance annual work income to accrue entrepreneurs’ work requirement is Euro 13,573 (Euro 13,247 in 2021). If your pension insurance (YEL or MYEL) annual work income was Euro 13,247 or below last year, your work income has not been automatically updated by your pension insurance company to meet the minimum requirement for 2022 but will be slightly below that amount after the index increase. Please contact your pension insurance company in order to update your pension insurance level to meet your need for 2022.