Pension and Retirement Provision

Professional Pension Funds

• Reliable security
• Additional benefits

Tax Benefits

Deductibility of Contributions: Contributions to retirement plans can be tax-deductible, reducing taxable income and thus the tax burden.

Diverse Provision Options

• Private Pension Insurance: In addition to mandatory provisions through professional pension funds, pharmacists can also opt for private pension insurances that can be individually tailored.
• Company Pension Schemes: Pharmacists, as employers, can offer company pension schemes to their employees and themselves, which are tax-advantaged.

Flexibility and Adjustment Options

• Individual Contribution Structure: Depending on personal and professional circumstances, pharmacists can adjust the amount of their contributions.
• Supplementary Provision Products: In addition to statutory and professional provisions, supplementary provision products such as equity funds, real estate investments, or company pension schemes can be utilized.

Inflation Protection

Dynamic Adjustment: Many retirement provision products offer the option of dynamically adjusting contributions and benefits to ensure inflation protection.

Long‑term Planning Security

Lifetime Pension Payments: Many retirement provision products guarantee lifetime pension payments, providing planning security and financial stability in old age.

Security and Reliability

• Security-oriented Investments: Retirement provision products like professional pension funds often focus on secure and stable investments to ensure pension payments.
• Regulation and Oversight: Pension funds and retirement provision products are subject to strict regulations and oversight, providing additional protection.

Additional Security for Family Members

Survivor's Pension: Many retirement provision products also offer survivor benefits, providing additional security for the pharmacist's family.