Posted on 30.01.2007 07:19

Re: Pension refund

@Srikanth, Sejoka:

For India and lot of other countries which donot have an agreement with Germany to transfer our pension from Germany to that country, you can work any number of months and get your pension as a total refund (your part, not what your employer paid) after 2 years. But in case you want to transfer it to the USA, you need to move outta here before 5 years are over.

Actually this was discussed 100 times here, and our FAQ does mention about it too.

Posted on 30.01.2007 11:11

Re: Pension refund

@fred

But in case you want to transfer it to the USA, you need to move outta here before 5 years are over.

In that case, it is really stupid to get it transferred to USA, just give them your bank account details in India and the money is transferred to that account.

________________________________________

Posted on 30.01.2007 16:42

Re: Pension refund

@ Fred ,Chip007

Thanks for putting the facts straight.

I had to comment because it was mentioned here that 60 month rules also applies for Indians. I was told differntly from BfA some years back and i was wondering if there is a change in rule.
Some times it helps to discuss the matter again because the rules may change and we may not know it.

Posted on 31.01.2007 14:40

Re: Pension refund

@Akshay:
Maybe someone would want to settle permanently in the USA, or maybe he wants to continue to grow his retirement corpus? Who knows?
Anyway for Indians its better to get the refund as a lump-sum, as we are not going to live till 90 or 100 anyway!

@Srikanth:
Nobody is arguing here, we are just discussing. Maybe some guy in Karlsruhe BfA told you this, and maybe you might go by it. Bothers none. Here is what the BFA says:
http://tinyurl.com/3xdm82

Original link: http://www.deutsche-rentenversicherung.de/
nn_12296/SharedDocs/de/Navigation/
Rente/Ausland__Rente/
Beitragserstattung__node.html__nnn=true

Now there you can read about the Mitgliedstaaten and Abkommenstaaten.

The reaseon I referrred you to the FAQ is that its available in English there! Nothing else.

And for those lazy to click, here goes the detail.


Mitgliedstaaten

Der Begriff Mitgliedstaaten umfasst die Staaten, für die das Gemeinschaftsrecht gilt. Das sind

* in der Europäischen Union (EU) Belgien, Bulgarien, Dänemark, Deutschland, Estland, Finnland, Frankreich, Griechenland, Großbritannien, Irland, Italien, Lettland, Litauen, Luxemburg, Malta, Niederlande, Österreich, Polen, Portugal, Rumänien, Schweden, die Slowakei, Slowenien, Spanien, Tschechien, Ungarn und Zypern (griechischer Teil)
* im Europäischen Wirtschaftsraum (EWR) Island, Liechtenstein, Norwegen
* und im Rahmen des Abkommens über den freien Personenverkehr vom 21.06.1999 die Schweiz.


Abkommensstaaten

Als Abkommensstaaten werden die Länder bezeichnet, mit denen die Bundesrepublik Deutschland Sozialversicherungsabkommen geschlossen hat:

* Australien
* Bosnien-Herzegowina
* Chile
* China (Entsendeabkommen)
* Israel
* Japan
* Kanada und Quebec
* Republik Korea
* Kroatien
* Marokko
* Mazedonien
* Montenegro
* Serbien
* Tunesien
* Türkei
* USA


People belonging to any of the above countries should leave Germany before 60 months if they wish to get a refund. Otherwise only a monthly pension is possible after the age of 60 or 65.

People who are not settled in any of those mentioned above, can apply for a refund after 24 months of leaving Germany.

I dont see India in the list above.

Posted on 01.02.2007 21:01

Re: Pension refund

Hi Srikanth,

Congrats
Few questions though...
* Did you apply for refund after 2 years from the date you left Germany? Or at the time when you left Germany?
* Did you send your application form directly to Bfa, Berlin office or through German Embassy office in US?
* What other documents you needed to send to Bfa besides main application form(you mentioned that they asked you some additional docs)?

Soni