Retirement Fund Pension Calculator: How Your Pension Is Calculated

Civil servant retirement calculation: How much severance and pension will I receive (4a/4c)? Questions like these often trouble employees. With the updated interface of the Social Security Institution (SGK), many details relevant to insured persons are now accessible online. Formerly known as the pension fund for public employees and currently referred to as 4c, one common question is the amount of pension and retirement severance pay they will receive. 4c insured workers can perform their pension calculations through the SGK website using its calculation tool.

To obtain an accurate result from the calculation tool, you must enter the requested information completely and correctly. First, the grade and step fields should reflect the grade and step in effect on the retirement application date; these must be entered precisely. If you receive an additional indicator (ek gösterge), fill in that section; if not, leave it blank. Enter the compensation value tied to your position. Next, provide the total years and months of service. After that, enter your seniority years. Finally, input the number of years used to calculate severance pay; this should be the number of years you worked.

If you worked longer than thirty years, select thirty as the severance calculation year—choices above thirty are not permitted. Finally, enter your job title and any additional compensation rates, then press the calculate button. The calculation tool will immediately display the pension amount and the retirement severance you would receive. As noted earlier, it is crucial that the information you enter is complete and accurate. If information is missing, the calculator will be unable to produce a result. If information is incorrect, the output for pension and severance amounts will also be incorrect.

The pension and severance calculations are made simple by the calculation tool available on the Social Security Institution’s website. If you prefer, you also have the right to visit the SGK office and request assistance from staff there to obtain your information in person.