Apply for a contribution subsidy from the agricultural pension fund
Source: BUS Rheinland-PfalzFor smaller agricultural and horticultural businesses, but also for young companies in the start-up phase, contributions to the pension fund can be a financial burden. This is where the contribution subsidy from the pension fund can help.
The contribution subsidy reduces
- your contributions as a farmer,
- those of your spouse or civil partner
- and those of family members who work full-time on your farm, without reducing your future pension.
You must apply for the subsidy. In order to receive the subsidy, you must meet certain requirements.
The following are eligible to apply
- Farmers and their spouses
- their spouses or life partners.
The basis for entitlement to a contribution subsidy is
- the farmer's annual income and
- the annual income of their spouses or partners who are not permanently separated.
The amount of the contribution subsidy depends on
- the amount of the contribution to be paid and
- the calculated annual income.
Up to an annual income of 30 percent of the social security reference figure for the year in question, the subsidy amounts to 60 percent of the contribution. Thereafter, the contribution subsidy decreases linearly depending on the annual income.
The agricultural and forestry income is to be taken from the last income tax assessment issued by the tax office.
This applies
- if an income tax assessment notice has been issued for one of the last 4 calendar years
for businesses whose
- taxable profit is determined in accordance with the requirements for book-keeping companies or
- whose profit is estimated by the competent tax authority.
Otherwise, the earned income from agriculture and forestry is derived from the so-called economic value of your farm. The Landwirtschaftliche Alterskasse will carry out this calculation for you.
The contribution subsidy ends as soon as the conditions are no longer met. You must therefore always report any changes in income immediately.