Retirees Should Check Their Statements: You Might Be Missing Out on €800 Annually

Published on 25/02/2025 | Updated on 25/02/2025

Errors in retirement statements can lead to a significant loss of income, potentially costing retirees an average of €800 each year. Understanding how to verify and rectify these discrepancies is crucial, as approximately one in eight retirees may be affected.

Identifying Potential Issues

If you are a retiree and suspect that your pension does not align with your work history, you may be onto something. The Court of Auditors has reported that nearly 14% of retirees receive incorrect pensions, with the average annual shortfall reaching €800. This amount can have a considerable impact on daily living expenses.

To determine if you are among those affected, review your career statement carefully. Pay close attention to the names of your employers and special periods such as unemployment benefits, sick leaves, or maternity leaves. Parents should also ensure that any additional quarters for children are accurately reflected.

Steps to Recover Your Dues

Fortunately, the process for addressing these issues has been streamlined. You can visit the Assurance Retraite website to check your statement and report any discrepancies online. For complementary pension schemes, a more detailed examination is required, but by utilizing your payslips, you can provide the necessary evidence to facilitate a recalculation of your pension.

Do not let administrative oversights deprive you of what you are entitled to. A simple review of your career statement could lead to hundreds of euros in additional income each year. This is your right, and the process is now more accessible than ever.

Summary

Administrative errors in career statements are causing many retirees to miss out on portions of their pensions. Experts estimate that around 84% of these statements contain inaccuracies, resulting in an average loss of €800 annually. Thankfully, verification and corrections can now be done online, making it easier for retirees to reclaim what they deserve.