What happens to the amount used to make a purchase for early retirement if I continue to work until the regular retirement age?
A voluntary purchase into the pension fund cannot be undone - not even in the case of a planned early retirement that does not take place after all. The exact consequences depend on your personal retirement provision situation.
Insured persons can draw a maximum of 105 percent of the envisaged retirement benefit. If you are still below this limit after the purchase, it simply leads to a higher retirement pension. If you exceed the maximum retirement benefit of 105% with the purchase, the voluntary purchase will lapse. The latter must be definitely prevented, and you should be sure about making a voluntary purchase for the purpose of early retirement.
Last but not least, there are numerous tax aspects to consider when taking early retirement or buying into the pension fund. Due to the different deductibility issues and possible additional restrictions, we advise you to contact the responsible tax office.