RE: 1003610 Nov 2024 10:55
Here are some pension rules in Luxembourg:
Eligibility
The general state pension age is 65. However, you may be eligible for an early old-age pension at age 57 or 60 if you meet certain requirements:
Age 57: You must have paid at least 480 months of compulsory insurance.
Age 60: You must have paid at least 120 months of compulsory insurance, and have 40 years of total contributions.
Pension amount
The minimum early old-age pension is 90% of the reference amount if you have 40 years of insurance. The maximum is 5/6ths of five times the reference amount.
Pension and working
If you retire before age 65 and continue to work, your pension may be affected.
Contributions
The global contribution rate is 24%, with 8% paid by the employee, 8% by the employer, and 8% by the state.
Applying for a pension
Non-residents must apply for a pension in the country where they live, unless they have never worked there. If you last worked in Luxembourg, you can apply in Luxembourg or in your country of residence.
Survivor's pension
A divorced spouse's survivor's pension is based on the insurance periods completed during the marriage. If there is a current spouse and one or more divorced spouses, the pension is divided between them based on the length of each marriage