How are old-age pensions allocated?
The legal retirement age is set at the age of 65 in Luxembourg, provided that there are 120 months of insurance paid (mandatory, continued, optional or retroactive purchase).These periods are called "stages" in French.
Nevertheless, an early retirement pension can be granted at age 57 if the insured person has completed 480 months of compulsory insurance periods.
To benefit from your pension, you must make a formal request to the National Pension Insurance Fund (CNAP).
The form can be online. Cross-border workers must approach the competent body for their place of residence.
"Because the processing time is pretty long, consider carrying out this process several months before your retirement date" advises Maria.
This retired nurse was able to claim her pension rights at the age of 60.In fact, she had a period of compulsory insurance of 32 years because of her salaried professional activities, to which was added an additional period of 8 years for bringing up her two children.