The provisions of the General Pensions Act (Allgemeines Pensionsgesetz, APG) are applicable to all individuals born on or after 1 January 1955.
Within this group of individuals, a distinction is made between
- Individuals who first obtained mandatory pension insurance on or after 1 January 2005. The amount of their pension is based on the pension account.
- Individuals who prior to 1 January 2005 had accrued an insured month in the pension insurance scheme. The amount of their pension is based on a mixed system of former legislation and pension account (parallel accounting).