Pension services information
News
Our benefits (e.g., pension payments) are subject to income tax!
If you have not registered a permanent income tax allowance (e.g., lump sum for disability), please remember to reapply for the allowances, which are limited to one year, for the coming year at your local tax office.
Child allowances for minor children do not need to be reapplied for, as these are automatically taken into account (unlike for adult children).
As soon as your tax office has recorded the new amount, it will be automatically transmitted to us as part of the ELStAM procedure. It is not necessary to send us a certificate.
General information on social security obligations when receiving a company pension and contribution rates
Merkblatt Sozialversicherungspflicht Betriebsrenten 2025
Care Support and Relief Act
Key points from the Act:
- Parents with one child will continue to pay the standard contribution rate (now 3.6 percent).
- Parents without children will pay an additional contribution to long-term care insurance of 0.6 percent in future.
- Parents with more than one child will receive relief in future (reduction in the contribution rate from the second to the fifth child by 0.25 percent in each case). The reduction applies until the end of the month in which the respective child reaches the age of 25.
The resulting contribution rates and contribution relief for children are listed in the "Übersicht zu den Rechengrößen in der Sozialversicherung" noted.
We have compiled further information for you here: PUEG-FAQ
- Flyer Lohnsteuerbescheinigung (German)
Further interesting information on numerous topics
Have you taken on the duties of a caregiver?
Then you will find the necessary information here to get an overview of our procedures:
Find out more about data protection and data processing here:
Do you receive annual installment payments?
Here we have provided an explanation of the pay slip for you:
If you have left the company with vested benefits, please submit an application for a company pension to us in good time before the pension becomes due.
Once we have received your application, we will check the legal requirements.
We will contact you in writing and inform you of the next steps.
Further information can be found here:
In the event of divorce, the pension rights acquired during the marriage must generally be divided between the spouses.
In addition to entitlements from statutory pension insurance and private old-age and disability pensions, this also includes entitlements from occupational pension schemes.
Further information can be found here:
If your name has changed, we require a certificate of the name change or a copy of your marriage certificate.
In accordance with legal regulations, the company reviews every three years whether an adjustment to the current company pension should be made.
Further information can be found here:
- Merkblatt zur Pensionsanpassung (German)
Company pensions are subject to social security contributions. This means that if you are a member of a statutory health insurance fund, you must pay health insurance and long-term care insurance contributions.
Further information can be found here:
Company pensions are subject to income tax. We deduct income tax in advance (not for benefits from the Siemens pension fund). This is based on the income tax deduction characteristics transmitted electronically via the ELStAM procedure. Please apply to your local tax office for any changes to your income tax deduction characteristics. The changes will then be transmitted to us electronically by the tax authorities. The final assessment of income tax is made in your personal income tax return.
The income tax statement is usually sent out after the end of a calendar year.
Steuerliche Behandlung der betrieblichen Altersversorgung bei Wohnsitz im Ausland
Tax treatment of occupational pension schemes for residents abroad
Occupational pension schemes are generally taxable, even if they are not paid out in Germany.
If neither your place of residence nor your habitual abode (183-day rule) is in Germany, the payments are subject to what is known as limited income tax liability in Germany and are initially taxed according to tax class 6.
Germany has concluded agreements with many countries to avoid double taxation, known as double taxation agreements. These agreements regulate how, where, and to what extent income from Germany is taxable, thus avoiding double taxation.
You have the option of applying for a more favorable tax class or the application of the double taxation agreement. The application must be submitted to the tax office responsible for your place of work. There, your tax liability will be clarified and certified accordingly.
To apply, please use the Form “Certificate for employees with limited income tax liability” (German).
For further information, please contact the tax office.
The tax office will generally send the issued certificate directly to Siemens AG. The tax characteristics provided will be taken into account in the subsequent payroll accounting.
Please note that the certificate is issued for a limited period. Therefore, please send a new application before the deadline expires.
The loss of a loved one is painful.
We would therefore like to make things easier for your surviving dependants during this time.
It is important to report the death promptly. This can be done easily and securely via our digital submission channel www.siemens.de/psg/Sterbefall. This completely eliminates the need for postal mail.
Of course, the information can also be provided by telephone, email, or post (see Contact). The funeral home can also take care of this task.
We require the following documents:
- Copy of the death certificate
- Copy of the marriage certificate, if applicable
As soon as we receive notification of the death, we automatically check whether there is an entitlement to survivor's benefits in accordance with the applicable pension regulations.
If we require further documents, we will contact your relatives.
We have created a schedule of planned annual activities for you.
We have created a schedule (German) for you detailing the planned annual activities.
General information about the pension system
Trägerunternehmen Siemens AG (German)
Trägerunternehmen Siemens Healthcare GmbH (German)
Information on the principles of participation policy (Section 134b of the German Stock Corporation Act (AktG)) can be found on the Siemens Fonds Invest GmbH website under “Legal Information.”
Grundsätze der Mitwirkungspolitik (German)
Information on data protection and data processing
Contact
We are happy to assist you with any questions or concerns you may have.
Mailing address
Siemens AG
PS-PENS
13623 Berlin
Contacts:
Online-Service: www.siemens.de/psg/online-service
E-Mail: bav@siemens.com
Phone: +49 (30) 5859 – 1200 (Montag bis Freitag von 08:00 – 14:00 Uhr)
Internet: www.siemens.de/psg
Note:
For data protection reasons, you will be asked to identify yourself when making telephone inquiries and placing orders. We ask for your understanding regarding this procedure, which is designed to prevent data misuse.
Please provide your personnel number when making telephone inquiries or in written correspondence.