In 2015 the premium is 18.7 percent of the gross monthly wage or salary. This is assessed on monthly incomes up to a maximum of 6,050 euros (72,600 euros a year) in the west and 5,200 euros (62,400 euros a year) in the east.
Retirement now normally begins at age 65, though it is to be gradually increased to 67. Contributions to the plan are also to be increased, and maximum pensions eventually reduced from 70% to 67% of net pay. English language information about the German Public Retirement System can be found at www.deutsche-rentenversicherung-bund.de. (Click on "International" on the top right of the page.)